Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee, Member (Judicial) and Jatindranath Swain, Member (Technical))
Order Date: September 9, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a scheduling order in Company Appeal (AT) (CH) (Ins) No.12/2022. The appeal involves M/s. Alturas Trading Corp as the appellant challenging VRMX Concrete India Pvt. Ltd. as the respondent. The proceedings were conducted in hybrid mode with legal representation from both sides: Mr. R. Saravana Kumar represented the appellant, while Ms. S. Vaiduriya and Mr. R Sugumaran (appearing for Mr. S. Thirumavalavan) represented the respondent.
Final Outcome
The NCLAT bench directed that the appeal be listed for hearing on November 3, 2026, under the caption 'Old Cases'. This constitutes a procedural adjournment of the matter without any substantive decision on the merits of the case.
Topics: NCLAT Proceedings, Insolvency Appeal, Case Adjournment