Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai
Order Date: 09 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard two connected appeals, Company Appeal (AT) (CH) (Ins) No. 314/2025 and Company Appeal (AT) (CH) (Ins) No. 315/2025. The appellant in both matters is Mr. Akhil Ahmed (joined by another appellant in the second appeal). The respondents include Mr. Kamalesh Kumar Singhania in his capacity as the Liquidator of Khaitan Electricals Ltd., along with other parties.
During the proceeding held in hybrid mode, there was no appearance from the appellant(s). Mr. Pulijala V K Sharma, Advocate, appeared on behalf of the first respondent (the Liquidator).
Final Outcome
The bench, comprising Justice N Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical), did not rule on the merits of the appeals. The tribunal issued an order to adjourn the hearing and list both appeals for the next date of hearing on 01 December 2026.
Topics: NCLAT, Corporate Insolvency, Liquidation Process