Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: 03.07.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard Company Appeal (AT) (Ins) No.1446/2019, registered as TA (AT) No.214/2021. The appeal involves MB Power (Madhya Pradesh) Ltd. as the Appellant and Anuradha Bisani, the Liquidator of Lanco Infratech Ltd., as the Respondent. The proceedings relate to insolvency matters concerning Lanco Infratech Ltd. Pleadings have been exchanged between the parties, indicating the case is at an advanced stage of litigation.
Final Outcome
The NCLAT bench comprising Justice Sharad Kumar Sharma (Member Judicial) and Jatindranath Swain (Member Technical) granted an adjournment requested by the Appellant's counsel. The adjournment was sought due to the non-availability of the Senior Counsel who was appearing before the Supreme Court of India. The tribunal rescheduled the hearing for 21.08.2026.
Topics: NCLAT Proceedings, Insolvency Appeal, Adjournment