NCLAT Chennai adjourns three appeals filed by Lulu group companies against Katerra India's insolvency resolution process.
The appeals in CA No. 622/2025 are noted as infructuous as rights have crystallized in favor of resolution applicant Nalwa Steel & Power.
The Tribunal grants 10 days for Lulu to respond to objections on delay condonation affidavits in two other appeals.
All matters are listed for further orders on April 16, 2026, following procedural compliance.