Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: 31 August 2026
Case Overview
This is a procedural order in an insolvency appeal (Company Appeal (AT) (CH) (Ins) No. 217/2025) filed by appellant G. Yoganand against the respondent, Catalyst Trusteeship Ltd. The appellant filed an interlocutory application (IA No. 1278/2026) seeking to implead the Interim Resolution Professional (IRP) in the proceedings. Advocate Ms. Niharika Agarwal accepted notice on behalf of the IRP.
The tribunal heard arguments from the appellant, represented by Senior Advocate Mr. E. Om Prakash. Arguments from the respondent, represented by Advocates Mr. Palash Taing and Mr. Mayank Kumar, were scheduled for the next day.
Final Outcome
The NCLAT allowed the impleadment application (IA No. 1278/2026), making the IRP a party to the appeal. The main appeal was adjourned and listed for further hearing on 01 September 2026 at 12:30 PM to hear the arguments of the respondent, Catalyst Trusteeship Ltd.
Topics: NCLAT, Insolvency Appeal, Procedural Order