Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: 7th October 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard three connected appeals filed by Lulu group entities against Katerra India Pvt. Ltd. The appeals are:
1. Company Appeal (AT) (CH) (Ins) No. 622/2025 (with IA Nos. 1727 & 1728/2025) - Lulu India Shopping Mall Pvt. Ltd. vs. Katerra India Pvt Ltd Through its Resolution Professional Pankaj Srivastava & Another
2. Company Appeal (AT) (CH) (Ins) No. 45/2026 (with IA Nos. 104, 106 & 107/2026) - Lulu India Shopping Mall Private Limited vs. Katerra India Private Limited & Another
3. Company Appeal (AT) (CH) (Ins) No. 72/2026 (with IA Nos. 186, 187 & 188/2026) - Lulu IT Infrabuild Pvt. Ltd. vs. Katerra India Pvt. Ltd. Through its Resolution Professional Mr. Pankaj Srivastava & Another
The matters appear to be related to the corporate insolvency resolution process of Katerra India Pvt. Ltd., with Mr. Pankaj Srivastava serving as the Resolution Professional. The appellants are challenging some aspect of the insolvency proceedings before the NCLAT.
Final Outcome
The NCLAT bench comprising Justice N. Seshasayee (Member-Judicial) and Mr. Jatindranath Swain (Member-Technical) adjourned all three appeals and listed them for next hearing on 5th January 2027. The order was passed in hybrid mode hearing.
- Topics: NCLAT Proceedings, Corporate Insolvency, Adjournment