Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai
Bench: Justice N. Seshasayee (Member - Judicial) & Jatindranath Swain (Member - Technical)
Order Date: 17 August 2026
Case Overview
This order pertains to two connected Company Appeals: Company Appeal (AT) (CH) (Ins) No.33/2021 and Company Appeal (AT) (CH) (Ins) No.36/2021. The appellant in both appeals is Prathikantam Gunavardhan Raju. The respondents in both appeals are the Liquidator of M/s. Innovative Studios Pvt. Ltd. (Respondent 1) and another unnamed party (Respondent 2). The nature of the dispute and the specific grounds for the appeals are not detailed in this procedural order. The matter was listed for a hearing on 17th August 2026.
Final Outcome
The Tribunal did not hear the matter on its merits. Instead, it passed a procedural order adjourning the hearing. Both appeals have been adjourned and are now listed to be heard on 8th September 2026. The bench specifically directed that these appeals be listed under the caption 'Old Cases' for the next hearing. There was no appearance recorded for the Appellant during this hearing. Advocates were present for the Respondents.
Topics: NCLAT, Insolvency, Adjournment