Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: July 3, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard Company Appeal (AT) (CH) (INS) No. 235/2024 along with IA No. 624/2024. The appeal was filed by K. Narayanasamy, Suspended Director of GK Steel and Allied Industries Ltd., as the Appellant. The Respondents include J. Karthiga, Erstwhile Resolution Professional of GK Steel & Allied Industries Ltd., and four other parties. The matter appears to relate to corporate insolvency resolution proceedings involving GK Steel and Allied Industries Ltd.
Final Outcome
The NCLAT bench comprising Justice Sharad Kumar Sharma (Member-Judicial) and Jatindranath Swain (Member-Technical) adjourned the hearing to July 9, 2026, as prayed for by the Learned Counsel for the Appellant. The order was conducted in hybrid mode. No substantive decisions on the merits of the case were made in this order.
Topics: Insolvency Appeal, NCLAT Proceeding, Corporate Law