Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: 28 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard Company Appeal (AT) (CH) (Ins) No. 42/2026 between J.C. Flowers Asset Reconstruction Pvt Ltd (Appellant) and M/s. Chennai Elevated Tollway Limited (Respondent). The appeal falls under the appellate jurisdiction of NCLAT concerning insolvency matters. During the hearing on August 28, 2026, there was no appearance recorded for the appellant. The respondent was represented by Advocate Ms. Pravartha. The bench comprised Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical).
Final Outcome
The tribunal adjourned the hearing and listed the appeal for the next hearing on November 18, 2026. The order was issued in hybrid mode. No substantive arguments were heard or decisions made on the merits of the case during this proceeding.
Topics: NCLAT Proceedings, Insolvency Appeal, Infrastructure Dispute