Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai, comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical)
Order Date: 28 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed two connected appeals filed by R. Raghavendran, the Liquidator of Nathella Sampath Jewellery Pvt. Ltd., for hearing on 18 December 2026.
The first appeal, Company Appeal (AT) (CH) (Ins) No.350/2023, was filed by the Liquidator against Nathella Prapanna Kumar (Suspended Director of the Corporate Debtor) and three other respondents. The second appeal, Company Appeal (AT) (CH) (Ins) No.172/2024, was filed by the same Liquidator against The Joint Director, Directorate of Enforcement.
During the hearing on 28 September 2026, Mr. A.G. Sathyanarayana, Advocate, appeared for the Appellant (Liquidator). There was no appearance for any of the Respondents in either appeal.
Final Outcome
The NCLAT bench adjourned both appeals and listed them for the next hearing on 18 December 2026. The matters remain pending before the tribunal, with no substantive decisions or directions issued in this order.
Topics: Insolvency Proceedings, NCLAT Adjournment, Liquidation Matters