Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee, Member (Judicial) and Jatindranath Swain, Member (Technical))
Order Date: September 29, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard Company Appeal (AT) (CH) (Ins) No. 516/2026 along with three Interlocutory Applications (IA Nos. 1468, 1469 & 1470/2026). The appeal was filed by Vivek Kumar Ratakonda, who is identified as the Resolution Applicant of Baron Infotech Ltd. The respondents in the case are Ahalada Rao Vummenthala (acting as the Resolution Professional of Baron Infotech Limited) and two other unnamed respondents.
Legal representation was present for all parties: Mr. TK Bhaskar appeared for the appellant, while Mr. Krishna CV Grandhi (Senior Advocate) represented the first respondent/RP, Mr. M Maharishi Viswaraj appeared for the second respondent, and Mr. Sankaranarayanan (Senior Advocate) represented the third respondent.
Final Outcome
The bench, comprising Justice N. Seshasayee and Jatindranath Swain, issued a procedural order to adjourn the matter and list it for the next hearing on October 1, 2026. No substantive decisions or rulings on the merits of the appeal were made in this order.
Topics: Insolvency Proceedings, NCLAT Appeal