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 heard Company Appeal (AT) (CH) (Ins) No.311/2021 between Rheem Matrix Pvt. Ltd. (Appellant) and S12 Microsystems Pvt. Ltd. (Respondent). The appeal concerns insolvency proceedings between the two private companies. The appellant's counsel, Ms. Radhika Goel, reported compliance with the tribunal's previous order dated June 12, 2026, but requested an accommodation due to the unavailability of the arguing counsel.
Final Outcome
The tribunal accepted the request for accommodation and adjourned the matter. The Company Appeal is now scheduled to be listed for hearing on September 10, 2026, under the same heading.
Topics: NCLAT Proceedings, Insolvency Appeal, Adjournment