Authority: National Company Law Appellate Tribunal, Chennai (Bench comprising Justice N. Seshasayee, Member (Judicial) and Jatindranath Swain, Member (Technical))
Order Date: September 15, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed Company Appeal (AT) (CH) (Ins) No.397/2025 for hearing on November 2, 2026. The appeal involves MS Laxman Rao as the Appellant and IFCI Limited as the Respondent. The matter was heard in hybrid mode with legal representation from both parties: Ms. KVS Madhumita, Advocate (for Mr. Raja Shekar Rao Salvaji, Advocate) representing the Appellant, and Ms. Theyjusvini S, Advocate representing the Respondent.
Final Outcome
The tribunal directed that the appeal be listed for hearing on November 2, 2026. The order specifically states that any interim order currently in operation will continue to remain in effect until the next date of listing. This is a procedural order that maintains the status quo while scheduling the matter for future hearing.
Topics: NCLAT Proceedings, Corporate Litigation