Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: 29 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has adjourned Company Appeal (AT) (CH) (Ins) No. 108/2022, which involves Telangana State Southern Power Distribution Co Ltd (the Appellant) versus Mr. T. Sathisan (Resolution Professional of Splendid Metal Products Ltd) and two other respondents. The appeal relates to matters concerning Splendid Metal Products Ltd, which is undergoing corporate insolvency resolution process. Three interim applications (IA Nos. 243, 244 & 245/2022) are pending in connection with this appeal.
Final Outcome
The NCLAT bench comprising Justice N Seshasayee (Member-Judicial) and Jatindranath Swain (Member-Technical) has adjourned the matter to December 1, 2026. The case has been listed under the caption 'Old Cases'. The order was passed in hybrid mode with legal representatives from both parties present during the hearing.
Topics: NCLAT Proceedings, Corporate Insolvency, Power Sector