Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: 19 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard Company Appeal (AT) (CH) (Ins) No.12/2022 between M/s. Alturas Trading Corp (Appellant) and VRMX Concrete India Pvt. Ltd. (Respondent). The appeal appears to relate to insolvency proceedings given the case numbering convention. During the hearing, there was no appearance for the Appellant. The Respondents were represented by advocates Ms. S. Vaiduriya and Mr. R Sugumaran appearing for Mr. S. Thirumavalavan.
Final Outcome
The bench comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical) adjourned the matter and listed the appeal for hearing on 09 September 2026 under the caption 'Old Cases'. No substantive hearing or decision on merits occurred during this proceeding.
Topics: NCLAT, Insolvency Appeal, Adjournment