Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai

Bench: Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical)

Order Date: 07 September 2026

Case Overview

This order pertains to two interconnected Company Appeals filed with the NCLAT Chennai under its Appellate Jurisdiction. The first appeal, Comp App (AT) (CH) (Ins) No. 439/2022, was filed by the Indian Renewable Energy Development Agency Limited (IREDA) against Kondisetty Kumar Dushyantha and seven other Respondents. The second appeal, Company Appeal (AT) (CH) (Ins) No. 119/2023, was filed by IFCI Limited against Mr. Kondasetty Kumar Dushyantha and eight other Respondents. The nature of the underlying insolvency proceedings is not detailed in this procedural order. Representation for the parties was noted, with multiple advocates appearing for the various appellants and respondents.

Final Outcome

The bench issued a procedural order to adjourn the hearing for both appeals. The matters have been listed for the next hearing on 17 November 2026. No substantive rulings, observations, or decisions on the merits of the appeals were made in this order.

Topics: Insolvency Appeal, NCLAT, Adjournment