NCLAT Adjourns Omkara ARC vs Sethi Engineers Appeal

Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)

Order Date: 24 June 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai heard a procedural matter in Appeal TA (AT) No.252/2021, which is also registered as Company Appeal (AT) (Ins) No.967/2020. The appeal involves Omkara Assets Reconstruction Pvt Ltd as the Appellant and M/s. Sethi Engineers and Foundry Ltd. as the Respondent. The matter was represented by Mr. S.R. Rajagopal, Senior Advocate (assisted by Mr. Varun Srinivasan, Advocate) for the Appellant and Mr. Y. Suryanarayana, Advocate for the Respondent. The bench consisted of Justice Sharad Kumar Sharma (Member - Judicial) and Jatindranath Swain (Member - Technical).

Final Outcome

The Tribunal granted the request made by the Learned Counsel for the Appellant and adjourned the hearing of the appeal. The matter has been relisted for the next hearing on 13 August 2026. The order was passed in hybrid mode.

Topics: NCLAT, Insolvency Appeal