Case Details

Case Name: Methuku Srinivas, Suspended Director of M/s. Buoyant Technology Constellations Pvt. Ltd. vs Total Solutions Intec Pvt. Ltd. & 3 Ors.

Court/Authority: National Company Law Appellate Tribunal at Chennai (Appellate Jurisdiction)

Case Number: Company Appeal (AT) (CH) (Ins) No.152/2025

Interlocutory Application: IA No.1659/2025

Order Date: June 5, 2026

Parties Involved

Appellant: Methuku Srinivas (Suspended Director of M/s. Buoyant Technology Constellations Pvt. Ltd.)

Respondents: Total Solutions Intec Pvt. Ltd. & 3 Others

Representation:

  • For Appellant: Mr. Chandramouli Prabhakar, Advocate
  • For Respondents: Mr. Abhishek Sriram, Advocate for R2/RP (Respondent 2/Resolution Professional)

Final Ruling & Enforcement

The National Company Law Appellate Tribunal at Chennai has listed this Company Appeal for hearing on July 20, 2026. The order was passed in hybrid mode by a bench consisting of Justice Yogesh Khanna (Member - Judicial) and Jatindranath Swain (Member - Technical). The case management order indicates the appeal remains pending with no substantive decisions made at this stage.

Note: This scheduling order does not contain details about the specific issues, allegations, findings, penalties, or corrective actions related to the insolvency proceedings. The substantive matters of the case will be addressed in future hearings.