NCLAT Adjourns JKS Banyaan Liquidator Appeal

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

Order Date: 09.06.2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued an order in Company Appeal (AT) (CH) (Ins) No. 581/2025. The appeal was filed by Rajalakshmi Varadarajan in her capacity as the Liquidator of JKS The Banyaan (P) Ltd. The respondents in the case are Dinesh Kothari, the Suspended Director of JKS The Banyaan Pvt Ltd, and one other unnamed respondent.

Final Outcome

The bench, comprising Justice Sharad Kumar Sharma (Member - Judicial) and Jatindranath Swain (Member - Technical), has adjourned the matter. The appeal is now listed for its next hearing on 30.07.2026. The case will be taken up under the caption 'For Admission (After Notice)', indicating the next step is to consider the appeal's admission after formal notice has been served to the respondents. The order was passed in a hybrid mode of hearing.

Topics: Insolvency, NCLAT Proceeding