Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: June 24, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard five consolidated company appeals filed by suspended directors of different companies against a common liquidator, Mr. Prakul Thadi. The appellants are: Mr. Devadas K (suspended director of Venue Promoters Pvt. Ltd.), Mr. Maran M (suspended director of Shaft Promoters Pvt. Ltd. and Dublin Promoters Pvt. Ltd.), Ms. Anny Johnson J (suspended director of Navigator Creators Pvt. Ltd.), and Mr. Selvaraj Moses G (suspended director of Miller Builders Pvt. Ltd.). All appeals challenge actions or decisions of the common liquidator in their respective corporate insolvency resolution processes.
Final Outcome
The tribunal adjourned all five appeals to August 14, 2026, based on a request made by the learned counsel for the appellants. No substantive hearing or decision on the merits of the cases occurred during this proceeding. The matters remain pending before the NCLAT.
Topics: Insolvency Appeals, NCLAT Proceedings, Liquidator Dispute