NCLAT Adjourns Aakruti Nirmiti Limited Insolvency Appeal

Authority: National Company Law Appellate Tribunal Chennai Bench

Order Date: 06 November 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) Chennai Bench, comprising Judicial Member Justice N Seshasayee and Technical Member Jatindranath Swain, heard Company Appeal (AT) (CH) (Ins) No. 184/2026. The appeal was filed by Aakruti Nirmiti Limited (Appellant) against Baladi Shekar Shetty (Erstwhile Liquidator of the Corporate Debtor) and two other respondents. The nature of the dispute involves insolvency proceedings related to an unspecified corporate debtor. Mr. Ravi Rajagopalan represented the appellant, while Ms. A Vidya appeared for the first respondent (the liquidator).

Final Outcome

The bench adjourned the hearing and listed the appeal for the next hearing on 18 January 2027. No substantive decisions or rulings were made in this order, which served purely as a procedural adjournment.

Topics: Insolvency Appeal, NCLAT Proceeding, Corporate Litigation