Authority: National Company Law Appellate Tribunal (NCLAT), Chennai
Order Date: 11.08.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai is hearing two connected appeals (Company Appeal (AT) (CH) (Ins) No. 258/2025 and No. 259/2025) filed by Mandava Prabhakar Rao. The appellant is identified as a Suspended Director and Erstwhile Director of the Corporate Debtor, NSL Nagpatnam Power and Infratech Ltd. The respondents in both appeals are Navneet Kumar Gupta, the Resolution Professional (RP) of NSL Nagapatnam Power & Infratech Ltd., and two others.
Final Outcome
The tribunal heard arguments from the Learned Senior Counsel for Respondent No. 1, who concluded his submissions. The tribunal has adjourned the hearing and listed the appeals for further proceedings on 12.08.2026 at 02:00 P.M., when the Learned Counsel for the Committee of Creditors (CoC) will present arguments.
Topics: Insolvency Appeal, NCLAT Proceeding, Director Dispute