Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai
Order Date: September 1, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed two connected appeals for hearing on October 27, 2026. The appeals, numbered Company Appeal (AT) (CH) (Ins) No. 64/2026 and Company Appeal (AT) (CH) (Ins) No. 65/2026, were filed by Pankaj Srivastava in his capacity as the Liquidator of Samruddhi Realty Ltd.
In Appeal No. 64/2026, the appellant (Liquidator) is against respondents Sankeshwara Estates and another party. In Appeal No. 65/2026, the appellant is against respondents Pirgal Investment and another party. The nature of the disputes and the specific grounds of appeal are not detailed in this procedural order. Mr. Chandramouli Prabhakar, Advocate, appeared for the first respondent (R1) in the proceedings.
The bench hearing the matter consisted of Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical). The order was passed in hybrid mode.
Final Outcome
The NCLAT bench did not make any substantive ruling on the merits of the appeals. The final outcome of this order is purely procedural, adjourning both appeals and listing them for hearing on a future date, October 27, 2026. The practical consequence is a delay in the resolution of these insolvency-related appeals until the next hearing date.
Topics: NCLAT, Corporate Insolvency, Real Estate