NCLAT Adjourns Rakesh Sheth vs Indus Cityscapes Appeal

Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee, Member (Judicial) and Jatindranath Swain, Member (Technical))

Order Date: August 27, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in appeal number TA (AT) No.184/2021 (formerly Company Appeal (AT) (Ins) No.210/2020). The appeal involves a dispute between appellant Rakesh P Sheth and respondent Indus Cityscapes and Constructions Pvt. Ltd. The matter was heard in hybrid mode with legal representation present for both parties - Mr. Manav Mitra and Mr. Udian Sharma representing the appellant, and Mr. Kavin representing the respondent.

Final Outcome

The tribunal ordered that the appeal be listed for hearing on October 13, 2026. This is purely a procedural adjournment with no substantive ruling on the merits of the case.

Topics: NCLAT Proceedings, Corporate Legal Dispute, Case Adjournment