Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: 17 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard appeal TA (AT) No.257/2021, which is also referenced as Company Appeal (AT) (Ins) No.30/2021 with IA No. 72/2021. The appellants are Acme Chem Ltd & Anr., while the respondents are Grove Ltd & 3 Ors. The bench consisted of Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical). Representation included Mr. Ravi Rajagopalan, Advocate for the appellants, and Ms. Archita Anish, Advocate for respondents R1 and R4, along with Ms. Padmashri and Mr. T. Ravichandran, Advocate for respondent R2.
The order does not disclose the specific nature of the underlying dispute between the corporate entities, but it indicates an ongoing legal proceeding with an existing interim order in place.
Final Outcome
The NCLAT adjourned the appeal to September 9, 2026, for further hearing. The tribunal ordered that the existing interim order will continue to operate until the next date of listing, thereby maintaining the status quo between the parties until the next hearing.
Topics: Corporate Litigation, NCLAT Proceedings, Interim Relief