Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee - Member (Judicial) and Jatindranath Swain - Member (Technical))
Order Date: 07 October 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in Company Appeal (AT) No.100/2019, which is registered as TA (AT) No.130/2021. The appeal involves Mangala Investments Limited and four other appellants versus Canara Land Investments Limited and four other respondents. The matter was heard in hybrid mode with legal representation from both sides - Mr. Sanjay, Advocate appearing for the appellants and Ms. Renuka Parameswari R, Advocate representing Respondent No. 1 (Canara Land Investments Limited).
Final Outcome
The NCLAT bench adjourned the hearing and listed the appeal for next hearing on 25 November 2026 under the caption 'For Hearing (Part Heard)'. This indicates that the hearing has been partially completed and will continue on the scheduled date. The order represents a procedural adjournment without any substantive decision on the merits of the case.
Topics: NCLAT Proceeding, Corporate Legal Dispute, Case Adjournment