Authority: National Company Law Appellate Tribunal at Chennai (Appellate Jurisdiction)
Order Date: 31 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard two connected insolvency appeals - Company Appeal (AT) (CH) (Ins) No. 473/2025 (with IA No. 1342/2025) and Company Appeal (AT) (CH) (Ins) No. 485/2025 (with IA No. 1379/2025). The appeals involve appellants Thomas Pangaraj and Thomas William Pangaraj challenging actions of Ms. Sripriya Kumar, the Resolution Professional (RP) of M/s. Perfect International Fabricators Pvt Ltd. The appeals are part of the corporate insolvency resolution process concerning Perfect International Fabricators Pvt Ltd. The bench comprised Justice N Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical).
Final Outcome
The NCLAT directed both parties to submit their notes of submission and adjourned the hearing of both appeals to 28 September 2026. The order was passed in hybrid mode, indicating physical and virtual hearing options.
Topics: Corporate Insolvency, NCLAT Proceedings, Resolution Professional Dispute