Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee, Member (Judicial) and Jatindranath Swain, Member (Technical))
Order Date: 06 November 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard two connected appeals filed by Ayra Consortium, a Prospective Resolution Applicant, through its Authorized Representative Rohi R Katha. The appeals were filed against TruPro Insolvency Services LLP (acting as the Resolution Professional), Amar Prakaash Developers Pvt Ltd., and two other respondents. The appeals bear Company Appeal (AT) (CH) (Ins) Nos. 471/2026 (with IA No. 1331/2026) and 520/2026 (with IA No. 1481/2026).
During the hearing conducted in hybrid mode, there was no appearance recorded for the appellant Ayra Consortium. For the respondents, Mr. Pawan Jhabakh, Advocate appeared for Respondent 2 (TruPro Insolvency Services LLP), while Mr. Atul Sharma and Ms. Amrita Jain, Advocates appeared for Respondent 3.
Final Outcome
The bench adjourned both appeals and listed them for further hearing on 16 November 2026 under the same caption. The order did not contain any substantive discussion of the merits of the case or the grounds of appeal, being purely procedural in nature.
Topics: NCLAT Proceedings, Insolvency Appeal