Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai, comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical)
Order Date: 04 August 2026
Case Overview
The appeal (Company Appeal (AT) (CH) (Ins) No. 370/2026) was filed by MS Ravi Prasad, a suspended director and shareholder of Divya Infra Properties Pvt. Ltd., against Venkataswamappa Raghu (the resolution professional of the company) and four other respondents. The appellant had filed IA No.1051/2026 seeking condonation of delay in filing the appeal. However, the tribunal registry confirmed that there was no delay in the filing of the appeal, rendering the application unnecessary.
Final Outcome
The Tribunal closed IA No.1051/2026 as the registry confirmed no delay existed in filing the appeal. The matter was adjourned and listed for admission hearing on 12th August 2026.
Topics: Corporate Insolvency, NCLAT Proceeding