Authority: National Company Law Appellate Tribunal, Chennai (Justice Sharad Kumar Sharma - Member (Judicial) and Jatindranath Swain - Member (Technical))
Order Date: 1 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed Company Appeal (AT) (CH) (Ins) No.20/2024 for hearing on 17 August 2026. The appeal involves Bharat Petroleum Corporation Ltd (BPCL), specifically its Kochi Refinery unit as the appellant, versus Mr. Vinod Balachandran, the Liquidator of Albanna Engineering Pvt. Ltd., along with another respondent. The matter concerns insolvency proceedings against Albanna Engineering Pvt. Ltd., which is currently under liquidation. The order was passed in hybrid mode with legal representation from both sides: Mr. Gautham Venkatesh, Advocate for the appellant (BPCL), and Mr. M. Sivavarthanan, Advocate for the first respondent (Liquidator).
Final Outcome
The tribunal has adjourned the matter and listed it for hearing on 17 August 2026 under the caption 'For Hearing'. No substantive decisions on the merits of the case were made in this order, which serves purely as a procedural adjournment.
Topics: Insolvency Appeal, Corporate Litigation