Authority: National Company Law Appellate Tribunal, Chennai

Order Date: July 16, 2026

Case Overview

This is a procedural order from the National Company Law Appellate Tribunal (NCLAT) in Chennai concerning Company Appeal (AT) (CH) (Ins) No. 100/2022. The appellant is Bennet Property Holdings Company Ltd. The respondents are The Liquidator for Biodiversity Conservation (India) Pvt. Ltd. (in liquidation) and another respondent. The appeal is against an order or proceeding related to the liquidation of Biodiversity Conservation (India) Pvt. Ltd.

Final Outcome

The two-member bench, comprising Justice Sharad Kumar Sharma (Member-Judicial) and Jatindranath Swain (Member-Technical), issued an adjournment order. The matter was released from this bench and adjourned due to the impending transfer of Justice Sharad Kumar Sharma to the NCLAT Principal Bench and a paucity of time which prevented the dictation of a judgment. The appeal is to be listed next before a regular bench on September 11, 2026. No substantive ruling on the merits of the case was made in this order.

Topics: NCLAT, Insolvency Appeal, Adjournment