Case Details

Case Name: Multiple interconnected Company Appeals heard together:

  • Company Appeal (AT) (CH) (Ins) No.229/2023 (IA Nos.746/2023 & 426/2025)
  • Company Appeal (AT) (CH) (Ins) No.232/2023 (IA Nos.750/2023, 428/2025)
  • Company Appeal (AT) (CH) (Ins) No. 25/2025 (IA No. 109/2025)
  • Company Appeal (AT) (CH) (Ins) No. 199/2025 (IA Nos. 563 & 1187/2025)
  • Company Appeal (AT) (CH) (Ins) No. 200/2025 (IA Nos. 565 & 1186/2025)
  • Company Appeal (AT) (CH) (Ins) No. 217/2025 (IA No. 1112/2025)

Court/Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)

Date of Order: 05.06.2026

Next Hearing Date: 25.06.2026

Parties Involved

Appellants:

  • G. Yoganand (Suspended Director of M/s. Manjeera Constructions Ltd)
  • G. Yoganand (Suspended Director of M/s. Manjeera Retail Holdings Pvt. Ltd.)
  • Gajjala Yoganand (Member of Suspended Board of Directors)
  • G. Yoganand, Promoter Director (Suspended), Manjeera Retail Holdings Pvt. Ltd. & Anr.
  • Gajjala Yoganand, Promoter Director (Suspended), Manjeera Retail Holdings Pvt. Ltd. & Anr.
  • G. Yoganand

Respondents:

  • Catalyst Trusteeship Ltd. (Multiple appearances as Respondent)
  • Birendra Kumar Agarwal, RP of Manjeera Retail Holdings Pvt. Ltd.
  • Birendra Kumar Agarwal, RP of Manjeera Construction
  • Various other respondents numbered R1 through R5 across different appeals

Legal Representation:

  • For Appellant: Mr. Adarsh Subramaniam, Advocate; Mr. Sachin Sharma, Advocate; Mr. Y. Suryanarayana, Advocate
  • For Respondents: Mr. Krishnendu Datta, Senior Advocate; Mr. Palash Taing, Ms. Shobhna Vijay, Mr. Mayank Kumar & Ms. Alina Merin Matthew, Advocates; Ms. Vismaya M, Advocate; Mr. VVSN Raju, Advocate; Mr. Pradeep Joy, Advocate

Issues / Allegations / Violations

The appeals challenge the Corporate Insolvency Resolution Process (CIRP) proceedings initiated against Manjeera Constructions Ltd and Manjeera Retail Holdings Pvt. Ltd. The specific grounds of challenge are not detailed in this procedural order, but the matters involve insolvency proceedings under the Insolvency and Bankruptcy Code, 2016.

Final Ruling & Enforcement

The Tribunal has adjourned all connected appeals and listed them for hearing on 25.06.2026. No substantive decision on the merits of the appeals has been rendered in this order. The matter remains pending before the NCLAT Chennai.

Presiding Members:

  • Justice Yogesh Khanna, Member (Judicial)
  • Jatindranath Swain, Member (Technical)