Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: 24 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard two interconnected company appeals related to the corporate insolvency resolution process of Appu Hotels Ltd. The first appeal (Company Appeal No. 52/2024) was filed by Sankalp Recreation Pvt. Ltd., in consortium with Globe Ecologistics Pvt. Ltd. The second appeal (Company Appeal No. 458/2023) was filed by M.K. Rajagopalan, identified as a Resolution Applicant. Both appeals are against Mr. Radhakrishnan Dharmarajan, the Resolution Professional of Appu Hotels Ltd., and two other respondents.
The appeals represent challenges to aspects of the corporate insolvency resolution process of Appu Hotels Ltd. The specific nature of the disputes or allegations is not detailed in this procedural order, which focuses solely on scheduling and interim relief management.
Final Outcome
The NCLAT bench comprising Justice N. Seshasayee (Member-Judicial) and Jatindranath Swain (Member-Technical) adjourned both appeals to October 1, 2026, for further hearing. The tribunal ordered that until the next hearing date, the interim order previously granted in Company Appeal (AT) (CH) (Ins) No. 458/2023 shall continue to operate, providing continued interim relief to the parties involved.
Topics: Insolvency Proceedings, NCLAT Appeal, Interim Relief