Authority: National Company Law Appellate Tribunal, Chennai (Justice Sharad Kumar Sharma, Member (Judicial) and Jatindranath Swain, Member (Technical))
Order Date: 08 October 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard two connected appeals:
- Company Appeal (AT) (CH) No. 60/2026: Filed by Harti Venkataravanppa Dharmesh (Managing Director, Shareholder and Promoter of Vistara Media Pvt. Ltd.) and two other appellants against Kamalapuri Narasimaih Jayalakshmi and five other respondents.
- Company Appeal (AT) (CH) No. 61/2026: Filed by Mysore Mercantile Company Ltd. as appellant against Kamalapuri Narasimaih Jayalakshmi and seven other respondents.
The appeals were heard in hybrid mode with legal representation from multiple advocates for both appellants and respondents.
Final Outcome
The tribunal adjourned both appeals to 10 December 2026 for further hearing. All interim orders previously passed by the tribunal shall continue to remain in effect until the next date of hearing. No final ruling was issued in this order.
Topics: NCLAT Proceedings, Corporate Litigation, Interim Relief