Authority: National Company Law Appellate Tribunal, Chennai
Order Date: 28 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed an appeal filed by Assets Care and Reconstruction Enterprise Ltd. (ACRE) for hearing on 18 November 2026. The appeal is against Ramanathan Bhuvaneshwari, who is the Resolution Professional (RP) for LGCL Urban Homes (India) LLP. The case is registered as Company Appeal (AT) (CH) (Ins) No. 33/2026, with connected Interlocutory Applications numbered IA Nos.76 and 78/2026. The order provides no details regarding the nature of the dispute, allegations, or background of the case beyond identifying the parties.
Final Outcome
The bench comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical) issued a procedural order to adjourn the hearing. The appeal will next be heard on 18 November 2026. No substantive rulings, penalties, or directions were issued in this order.
Topics: NCLAT Proceeding, Insolvency Appeal, Adjournment