NCLAT Adjourns Real Value Promoters Director Appeal

Authority: National Company Law Appellate Tribunal, Chennai Bench

Order Date: November 6, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued an order in Company Appeal (AT) (CH) (Ins) No. 150/2023. The appeal was filed by Damodaran R, who is identified as the Suspended Director of Real Value Promoters Private Ltd., against respondents P. Manickam and Co & Anr. The matter was heard in hybrid mode. During the proceedings, Mr. Tharun Pranav, Advocate, appeared for the appellant, while there was no appearance recorded for the respondents.

Final Outcome

The bench comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical) adjourned the hearing of the appeal. The case has been listed for the next hearing on January 11, 2027. No substantive decisions or rulings on the merits of the case were made in this order.

Topics: Corporate Insolvency, Director Appeal, Tribunal Proceedings