Authority: National Company Law Appellate Tribunal, Chennai (Justice N Seshasayee - Member (Judicial) and Jatindranath Swain - Member (Technical))
Order Date: 29 June 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in Company Appeal (AT) (CH) No. 95/2025, which includes connected Interlocutory Applications IA Nos. 951 & 952/2025. The appeal has been filed by MVV. Nagi Reddy (HUF) as the appellant against Midwest Granite Private Limited and eight other respondents. The order was conducted in hybrid mode with legal representation present for both parties. Mr. A. Akash Balagee appeared for the appellant, while Mr. Niranjan S Rao (for Mr. TK. Bhaskar) represented Respondent 1 (Midwest Granite Private Limited), and Ms. Devangi (for Mr. Y. Suryanarayana) represented Respondents 2 through 5 and Respondent 7.
Final Outcome
The NCLAT bench adjourned the hearing and listed the appeal for admission hearing after notice on 27 August 2026 under the caption 'For Admission (After Notice)'. This is a procedural adjournment without any substantive ruling on the merits of the case.
Topics: NCLAT Proceedings, Corporate Litigation, Hearing Adjournment