NCLAT Adjourns J.C. Flowers vs Chennai Elevated Tollway Appeal

Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee - Member (Judicial) and Jatindranath Swain - Member (Technical))

Order Date: August 28, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed Company Appeal (AT) (CH) (Ins) No. 42/2026 for further hearing on November 18, 2026. The appeal involves J.C. Flowers Asset Reconstruction Pvt Ltd as the appellant challenging M/s. Chennai Elevated Tollway Limited as the respondent. The matter appears to be related to insolvency proceedings given the case numbering convention (Ins). During the hearing on August 28, 2026, there was no appearance recorded for the appellant, while the respondent was represented by Advocate Ms. Pravartha.

Final Outcome

The bench has adjourned the matter and scheduled the next hearing for November 18, 2026. The order was passed in hybrid mode, allowing both physical and virtual appearances. The substantive issues in the appeal remain undecided as of this order.

Topics: NCLAT Proceedings, Insolvency Appeal, Infrastructure Sector