Authority: National Company Law Appellate Tribunal, Chennai (Justice Sharad Kumar Sharma, Member (Judicial) and Jatindranath Swain, Member (Technical))
Order Date: July 16, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard two connected appeals filed by the Assistant Commissioner of the State Goods and Services Tax Department. The appeals are directed against CA Rajendran PR, who serves as the Resolution Professional (RP) of Asten Realtors Pvt. Ltd., and another respondent. The appeals are registered as Company Appeal (AT) (CH) (INS) No. 206/2025 (with IA No. 583/2025) and Company Appeal (AT) (CH) (INS) No. 38/2025 (with IA No. 142/2025). Both appeals involve matters related to the insolvency resolution process of Asten Realtors Pvt. Ltd. and specifically challenge actions or decisions involving the Resolution Professional. The tribunal noted that all respondents had already entered appearance through their respective advocates.
Final Outcome
The NCLAT issued procedural directions, ordering the appellant (Assistant Commissioner, State GST Dept.) to serve the complete records and memorandum of both company appeals to the respective counsels for the respondents within one week from the order date (by July 23, 2026). The respondents were granted three weeks thereafter (until approximately August 13, 2026) to file their counter affidavits in response to the appeals. The matter was adjourned and listed for next hearing on September 21, 2026. No substantive decisions on the merits of the GST claims were made in this order.
Topics: NCLAT Procedure, GST Claims, Corporate Insolvency