Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: 22 June 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard four interconnected appeals filed by Vasan Health Care Private Limited against Maxivision Eye Hospitals Private Limited. The appeals, numbered Company Appeal (AT) (CH) (Ins) Nos. 209/2026, 210/2026, 211/2026, and 212/2026 (with corresponding IA Nos. 595/2026, 596/2026, 597/2026, and 598/2026), challenge a previous order from the National Company Law Tribunal (NCLT). The nature of the underlying dispute appears to relate to corporate insolvency or restructuring proceedings between the two healthcare companies. The hearing was conducted in hybrid mode with both parties represented by legal counsel - Ms. Surabi for the appellant (Vasan Health Care) and Dr. S. Sathiyanarayanan for the respondent (Maxivision Eye Hospitals). The bench comprised Justice Sharad Kumar Sharma (Member-Judicial) and Jatindranath Swain (Member-Technical).
Final Outcome
The NCLAT bench adjourned the matter and listed all four appeals for admission hearing (after notice) on 12 August 2026. No substantive hearing or decision on the merits of the appeals occurred during this proceeding.
Topics: NCLAT Proceedings, Corporate Legal Dispute, Healthcare Sector