Authority: National Company Law Appellate Tribunal, Chennai (Justice N Seshasayee - Member (Judicial) and Jatindranath Swain - Member (Technical))
Order Date: 10 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard Company Appeal (AT) (CH) No. 29/2021, which involves multiple interlocutory applications (IA Nos. 331, 332 & 579/2021, 216, 902 & 203/2022). The appellants are Chalasani Venkateswara Rao and two others, while the respondents include United Telecom Limited and eleven others. The hearing was conducted in hybrid mode with representation from both sides: Mr. K.M. Vishakh Nag and Mr. A. Murali represented the appellants, while Mr. Mahesh Chowdhary represented Respondent 1 (United Telecom Limited) and Mr. B. Deepak Narayanan represented Respondents 2 through 5.
Final Outcome
The Tribunal directed both parties to submit their pointed notes of submission and adjourned the matter. The case has been listed for the next hearing on 30 September 2026. This is a procedural order that does not contain any substantive decision on the merits of the case.
This content may not be financially relevant as it represents a routine procedural adjournment without any substantive ruling on financial matters, penalties, or corporate actions.