Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: September 9, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard Company Appeal (AT) (CH) (Ins) No.192/2021 along with Interim Applications IA Nos.390, 391 & 392/2021. The appellant is Telangana State Southern Power Distribution Co. Ltd., while the respondents include Nethi Mallikarjuna Shetty, the Resolution Professional of M/s. Techtran Polylenses Ltd., and another respondent. The appeal concerns insolvency proceedings against M/s. Techtran Polylenses Ltd. Advocates represented both parties: Mr. Dhanesh (for Ms. Vindhya Vasini) for the appellant, and Mr. Indraprateek Naidu (for Mr. Shabeer Ahmed) for the second respondent.
Final Outcome
The NCLAT bench comprising Justice N. Seshasayee (Member-Judicial) and Jatindranath Swain (Member-Technical) adjourned the matter and listed the appeal for hearing on November 17, 2026. The case was specifically listed under the caption 'Old Cases', indicating it is being treated as a legacy matter. No substantive decisions or rulings were made in this order, which serves purely as a procedural adjournment.
Topics: Insolvency, Legal Proceedings, Power Sector