Authority: National Company Law Appellate Tribunal, Chennai
Order Date: July 10, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed Company Appeal (AT) (CH) (Ins) No.177/2021 for hearing on September 9, 2026, under the caption 'For Admission (After Notice)'. The appeal involves Southern Power Distribution Company of Telangana Ltd. as the appellant against Kalvakolanu Murali Krishnan Prasad, who serves as the Resolution Professional for Vaksh Steel Pvt. Ltd., along with two other respondents. The case appears to relate to corporate insolvency resolution proceedings involving Vaksh Steel Pvt. Ltd.
Legal representation was present for both parties during the hearing conducted in hybrid mode. Mr. Dhanesh, Advocate (appearing for Mr. Adithya Reddy, Advocate) represented the appellant, while Mr. Indraprateek Naidu, Advocate (appearing for Mr. Shabeer Ahmed, Advocate for Respondent 3) represented the respondents.
The bench comprised Justice Sharad Kumar Sharma (Member - Judicial) and Jatindranath Swain (Member - Technical), who issued the scheduling order.
Final Outcome
The appeal has been adjourned and is scheduled to be heard for admission after notice on September 9, 2026. No substantive decisions were made in this order, which serves purely as a procedural scheduling directive.
Topics: NCLAT Proceedings, Corporate Insolvency, Power Sector