Authority: National Company Law Appellate Tribunal, Chennai
Order Date: 15th September 2026
Case Overview
This order pertains to five interconnected Company Appeals (AT) (CH) (Ins) Nos. 171, 172, 173, 176 & 185 of 2026. The common subject matter is the liquidation process of M/s. Srivatsa International Pvt Ltd. The appellant in the first four appeals is Nithyanantham Ramachandran, the Liquidator of the company. The respondents in these appeals are various individuals, including RL Rekha and K. Boothalingam. The fifth appeal (No. 185/2026) has Cholamandalam Investment and Finance Company Ltd as the appellant, with the Liquidator of Srivatsa International and two others named as respondents. The nature of the specific disputes within these appeals is not detailed in this procedural order. The legal representation for the parties was noted: Mr. T. Ravichandran, Advocate for the Liquidator; Mr. M. Mubarak Ahmad, Advocate for several respondents; and Mr. Kishore Balasubramaniam, Advocate for Cholamandalam Investment.
Final Outcome
The Tribunal adjourned the hearing for all five appeals to the next date, which is 5th November 2026. The cases were listed under the caption 'For Hearing'. As an interim measure, the Tribunal ordered that any interim order previously passed in Company Appeal (AT) (CH) (Ins) No. 185/2026 shall remain in force until the next date of hearing.
Topics: Insolvency, NCLAT, Liquidation