Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai, comprising Justice Sharad Kumar Sharma (Member - Judicial) and Jatindranath Swain (Member - Technical)
Order Date: 30 June 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard two connected company appeals related to the insolvency proceedings of ITMA Hotels India Pvt. Ltd. The appeals were filed as Company Appeal (AT) (CH) (Ins) No. 288/2023 (with IA Nos. 877 & 878/2023) and Company Appeal (AT) (CH) (Ins) No. 289/2023 (with IA Nos. 881 & 880/2023).
In Appeal No. 288/2023, the appellants were Jomer Properties & Investments Pvt. Ltd. & Anr., who were appealing against Kizhakkekara Kuriakose Jose, who serves as the Resolution Professional (RP) of ITMA Hotels India Pvt. Ltd. In the connected Appeal No. 289/2023, the appellants were M M Jose & Anr., also appealing against the same Resolution Professional. During the hearing, Mr. B. Ramana Kumar, Advocate, appeared for the appellants. There was no appearance recorded for the respondent, the Resolution Professional.
Final Outcome
The NCLAT bench adjourned both appeals and listed them for the next hearing on 31st August 2026 under the caption 'For Hearing'. The order was passed in hybrid mode.
Topics: Insolvency Proceedings, Legal Adjournment