Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee, Member (Judicial) and Jatindranath Swain, Member (Technical))

Order Date: November 5, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai heard IA No. 1308/2026 in Company Appeal (AT) (CH) (Ins) No.463/2026. The appeal was filed by Vasavi Realtor LLP (Appellant) against Manjeera Constructions Ltd through its Resolution Applicant/new management and seven other respondents. The matter relates to insolvency proceedings involving Manjeera Constructions Ltd. Senior Advocate Mr. Vikram Pooserla, along with Mr. Yash Vardhan, Advocate, appeared for the appellant. There was no appearance recorded for the respondents.

Final Outcome

The NCLAT bench adjourned the hearing and listed the appeal for the next hearing on November 20, 2026. The order was passed in hybrid mode.

Topics: NCLAT Proceedings, Insolvency Appeal, Real Estate