Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai

Bench: Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical)

Order Date: 28 August 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai heard two connected appeals filed against M/s. Metro Corp Infrastructure Ltd. The first appeal, TA (AT) No.137/2021 (formerly Company Appeal (AT) (Ins) No.1236/2019), was filed by appellant Jayaprakash Narayan Rao NR. The second appeal, TA (AT) No.138/2021 (formerly Company Appeal (AT) (Ins) No.1239/2019), was filed by appellants Kartik Kalevar & 14 Others. Both appeals included interim applications (IA Nos.3587/2019 & 943/2020 for the first appeal, and IA Nos.3592/2019 & 938/2020 for the second appeal). The nature of the underlying dispute or proceedings is not detailed in this procedural order.

Final Outcome

The NCLAT bench issued a purely procedural order, adjourning both appeals and listing them for the next hearing on 09 October 2026. The appeals were specifically listed under the caption 'Old Cases'. No substantive hearing on the merits of the appeals took place, and no rulings were issued on the interim applications. The order provides no indication of the final outcome or the substantive issues involved in the appeals.

Topics: NCLAT Proceedings, Corporate Litigation, Case Adjournment