Authority: National Company Law Appellate Tribunal, Chennai (Justice Sharad Kumar Sharma, Member (Judicial) and Jatindranath Swain, Member (Technical))
Order Date: July 6, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard Company Appeal (AT) (CH) (Ins) No. 400/2023 along with connected Interlocutory Applications (IA Nos.1229, 1230 & 1231/2023, 198 & 1167/2024). The appellants are Edelweiss Asset Reconstruction Company Limited & 2 Others. The respondents include Amarkantak Power Ltd. & 13 Others, with specific representation noted for various parties including Saurabh Kumar Tikmani in his capacity as Resolution Professional of Lanco.
The order represents a procedural hearing in an ongoing insolvency-related appeal. The nature of the underlying dispute or the specific grounds of appeal are not detailed in this particular order, which focuses solely on scheduling and interim relief.
Final Outcome
The Tribunal adjourned the matter and listed the appeal for admission hearing on August 12, 2026. The bench specifically ordered that any interim order previously passed by the Tribunal shall continue to remain in force until the next date of hearing, thereby maintaining the status quo between the parties.
Topics: Insolvency Appeal, NCLAT Proceedings