Authority: National Company Law Appellate Tribunal at Chennai
Order Date: 24 June 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai issued a procedural order in Company Appeal (AT) (CH) (Ins) No. 329/2023. The appeal involves V. Mahesh, the suspended director of Karvy Data Management Services Limited, as the appellant. The respondents include Allied Hi-tech Industries Pvt. Ltd. and two other parties (R2 & R3). The matter was heard in hybrid mode with legal representation from both sides: Mr. Jerin Asher Sojan, Advocate for the appellant, and Mr. Bendi Raviteja, Advocate for respondents R2 and R3. The bench consisted of Justice Sharad Kumar Sharma (Member Judicial) and Jatindranath Swain (Member Technical).
Final Outcome
The NCLAT adjourned the hearing and listed the appeal for hearing on 08 September 2026 under the caption 'For Hearing'. The order also references three interlocutory applications: IA Nos. 994/2023, 995/2023 & 1200/2024, though their specific nature is not detailed in this procedural order.
Topics: NCLAT Proceeding, Insolvency Appeal, Corporate Legal Dispute