Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: July 16, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in Company Appeal (AT) (CH) (Ins) No.217/2022. The appeal involves M/s. Omkara Assets Reconstruction Pvt. Ltd. as the appellant and M/s. SPISYS Limited as the respondent. The matter was being heard by a bench consisting of Justice Sharad Kumar Sharma (Member Judicial) and Jatindranath Swain (Member Technical).
The order states that due to the transfer of one of the members (Judicial) to the Principal Bench of the Appellate Tribunal and paucity of time, the judgment in this matter could not be dictated. Consequently, the matter has been released to be listed before a regular bench.
Final Outcome
The appeal has been adjourned and is now scheduled to be listed for hearing on September 2, 2026 before the regular bench. The order was issued in hybrid mode and signed by both members of the bench.
Topics: NCLAT Proceedings, Corporate Litigation, Adjournment