Authority: National Company Law Appellate Tribunal, Chennai
Order Date: June 24, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in Company Appeal (AT) (CH) (Ins) No. 474/2025. The appeal involves MS Prabhakar, described as the Promoter and Ex-Managing Director of Kadevi Industries Ltd, along with another appellant, challenging actions of G Satyanarayana Murthy (now deceased), who was the Erstwhile Liquidator of Kadevi Industries Ltd. The appeal appears to relate to the liquidation proceedings of Kadevi Industries Ltd. The tribunal did not conduct a substantive hearing or make any determinations on the merits of the case during this session.
Final Outcome
The tribunal granted a request for adjournment and directed that the matter be listed next on August 17, 2026. No substantive rulings, penalties, or decisions were issued in this order, which serves purely as a procedural update for scheduling purposes.
Topics: Corporate Insolvency, Liquidation Proceedings, NCLAT Appeal