Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: 14 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard two connected appeals filed by S. Selvanayagam, who is acting in his capacity as a Personal Guarantor. The appeals were filed against Redington (India) Ltd. and other respondents. Company Appeal (AT) (CH) (INS) No. 322/2026 was filed against Redington (India) Ltd. & 2 Others, while Company Appeal (AT) (CH) (INS) No. 323/2026 was filed against Redington (India) Ltd. & Another. The proceedings were conducted in hybrid mode. The appellant was represented by Advocate Mr. BSV Prakash Kumar. The bench comprised 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. Both appeals were rescheduled to be heard afresh on 15 July 2026. No substantive rulings on the merits of the case were made in this order.
Topics: Insolvency Proceedings, Personal Guarantor, Adjournment