Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: 17 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed three interconnected company appeals for hearing on 28 October 2026. The appeals involve Veera Bhoga Vasanta Rayalu Sabbavarapu, who is identified as the Whole-Time Director of Sunray Resorts Pvt Ltd, as the appellant across all cases. The respondents include Sunray Resorts Pvt Ltd (in Appeal No. 115/2025) and Sunray Green Space Pvt Ltd (in Appeal Nos. 116/2025 and 36/2026), along with multiple other respondents numbered R2 through R8 across the various appeals.
Multiple interlocutory applications (IAs) are pending in these appeals: IA Nos. 1279/2025 & 1028/2026 in Appeal No. 115/2025; IA Nos. 1285/2025, 511/2026, 1044/2026 & 1046/2026 in Appeal No. 116/2025; and IA Nos. 450/2026, 452/2026 & 643/2026 in Appeal No. 36/2026.
The bench comprised Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical). Representation included Mr. Srinath Sridevan, Senior Advocate (assisted by Mr. Raghav Menon) for the appellants, while the respondents were represented by Mr. Amir Bavani, Ms. Rishika Kumar, and Ms. Pragati Prajapati for R1; Mr. Naresh Kumar Sangam for R2-R5; and Ms. Vandana Vyas for R7.
Final Outcome
The tribunal adjourned all three appeals and their pending interlocutory applications to 28 October 2026 for further hearing. The order was passed in hybrid mode, indicating physical and virtual hearing options.
Topics: NCLAT Proceedings, Corporate Governance Dispute, Adjournment Order