Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai, comprising Justice N Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical)
Order Date: 29 September 2026
Case Overview
This is an adjournment order in an ongoing insolvency appeal. The appellant is Telangana State Southern Power Distribution Co. Ltd., based in Hyderabad. The respondents are Mr. T. Sathisan, the Resolution Professional (RP) of Splendid Metal Products Ltd., Hyderabad, and two others. The appeal arises from proceedings related to the corporate insolvency resolution process of Splendid Metal Products Ltd.
Final Outcome
The bench has adjourned the hearing and listed the matter for the next hearing on 01 December 2026. The case has been categorized under the 'Old Cases' list. No substantive hearing or decision on the merits of the appeal took place on this date. The order is purely procedural, dealing only with the scheduling of the next hearing.
Topics: Insolvency Appeal, Power Distribution, Adjournment