Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai
Order Date: 23.06.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard arguments from counsel for both parties in Company Appeal (AT) (CH) (Ins) No.450/2024. The appeal involves a dispute between the appellant, Kalidindi Venkateswara Raju, and the respondent company, M/s. Sri Yadadri Lifesciences Pvt. Ltd. The nature of the proceedings is an insolvency-related appeal, as indicated by the case number.
Final Outcome
The two-member bench, comprising Justice Sharad Kumar Sharma (Member-Judicial) and Jatindranath Swain (Member-Technical), issued a procedural order. The tribunal directed the learned counsel for both parties to file their written submissions within 24 hours from the order date. The appeal has been adjourned and is now listed for its next hearing on 01.07.2026.
Topics: Insolvency & Bankruptcy, Legal Proceedings