Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai, comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical)

Order Date: September 1, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order concerning four interconnected Company Appeals filed under its Appellate Jurisdiction. The appeals are numbered Company Appeal (AT) (CH) (Ins) No.195/2024, 196/2024, 197/2024, and 198/2024.

The common appellant in the first three appeals is Max Infra (I) Limited. The respondent in all appeals is IVRCL Limited, with varying numbers of other respondents (2 Ors. or 3 Ors.) in each case. The fourth appeal (No.198/2024) is filed by a different appellant, M/s. UANMAX – SARALA (JV), also against IVRCL Limited & 2 Ors.

Legal representation for the appellant(s) across all matters is Mr. Kaushik Narayanan, Advocate, instructed by Ms. Subbu Ranga Bharathi, Advocate. For the respondents, Ms. Mily Ghoshal, Advocate, is on record for Respondent No. 2 (R2) in all appeals.

The order itself is brief and procedural, dealing solely with the scheduling of the final hearing for these matters.

Final Outcome

The NCLAT bench has adjourned the hearing of all four connected appeals. The matters have been listed next on November 19, 2026, under the specific caption 'For Hearing'. This indicates that the next date is set for the final arguments and disposal of the appeals, moving them from the admission or preliminary stage to the final hearing stage.

Topics: Insolvency Appeals, NCLAT, Adjournment