Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai, comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical)
Order Date: August 6, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai issued a procedural order in two connected company appeals filed by Manjeera Realty LLP.
The first appeal, Company Appeal (AT) (CH) (Ins) No. 452/2024, was filed by Manjeera Realty LLP against Manjeera Constructions Ltd. (represented by its Resolution Professional Birendra Kumar Agarwal) and three other respondents.
The second appeal, Company Appeal (AT) (CH) (Ins) No. 348/2025, was also filed by Manjeera Realty LLP against Valentis Laboratories Pvt Ltd and two other respondents.
Both matters appeared before the tribunal on August 6, 2026, with legal representation for all parties. Ms. Nivedhitha represented the appellant Manjeera Realty LLP in both appeals. For the respondents in the first appeal, Mr. VVSN Raju appeared for Respondent 1 (Manjeera Constructions Ltd.), while Ms. Aishvary Vikram, Ms. Lucky Sharma, and Mr. Yash Jain appeared for Respondent 4. In the second appeal, Ms. Aishvary Vikram, Ms. Lucky Sharma, and Mr. Yash Jain appeared for Respondents 1 and 2 (Valentis Laboratories Pvt Ltd and another), while Mr. VVSN Raju appeared for Respondent 3.
The tribunal did not address the substantive merits of either appeal but focused solely on scheduling.
Final Outcome
The NCLAT adjourned both appeals and listed them for hearing on September 29, 2026. The matters will appear under the caption 'For Hearing' on that date. This is purely a procedural order that advances the hearing date without making any determinations on the legal issues involved in either appeal.
Topics: NCLAT Proceedings, Insolvency Appeals, Case Adjournment