Authority: National Company Law Appellate Tribunal, Chennai (Division Bench)
Order Date: 31 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in four connected insolvency appeals: Company Appeal (AT) (CH) (Ins) No. 338/2025, 340/2025, 341/2025, and 342/2025. The appeals were filed by four individual appellants - Jasmine Varghese, Jossan Varghese, Joby Varghese, and Bobby Abraham - against Tata Capital Ltd. as the first respondent, with an additional respondent in each case. The matters involve insolvency proceedings where the appellants are challenging orders related to Tata Capital Ltd. The order was passed in hybrid mode with legal representation present for all parties: Mr. Retheesh NA for the appellants, Mr. Jerin Asher Sojan for respondent 1 (Tata Capital Ltd.), and Mr. Akhil Suresh for respondent 2 in each appeal.
Final Outcome
The tribunal adjourned all four appeals and listed them for hearing on 7 September 2026 under the caption 'For Hearing'. The order merely schedules the next hearing date without addressing the substantive merits of the appeals.
Topics: Insolvency Appeals, Financial Services Litigation, Tribunal Proceedings