Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: July 16, 2026
Case Overview
This is a procedural order in Company Appeal (AT) (CH) (Ins) No. 271/2026 with IA No. 767/2026. The appeal involves CA Mahalingam Suresh Kumar, the Liquidator of Ganga Foundations Pvt Ltd (Appellant) versus Revanza Leasing India Pvt. Ltd., represented by its Director Bala Subramanian Vijay Ganesh (Respondent). The matter concerns insolvency proceedings. The order was passed in hybrid mode with legal representation from Mr. TK Bhaskar, Mr. AG Sathyanarayana, and Ms. Niveditha for the Appellant, and Mr. P. H. Arvindh Pandian, Senior Advocate for the Respondent.
The bench, consisting of Justice Sharad Kumar Sharma (Member Judicial) and Jatindranath Swain (Member Technical), noted that one of the members (Judicial) is on transfer to the Principal Bench of the Appellate Tribunal. Due to this transfer and paucity of time, the judgment in this matter could not be dictated.
Final Outcome
The matter was released from the current bench and directed to be listed before a regular bench on September 11, 2026. This is purely a procedural adjournment without any substantive ruling on the merits of the case.
Topics: Insolvency Appeal, NCLAT Procedure