NCLAT Chennai Adjourns Transstroy OJSC Appeals

Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)

Order Date: July 3, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai heard two connected appeals filed by M/s. Corporation Transstroy OJSC. The appeals are numbered Company Appeal (AT) (CH) (Ins) No.380/2022 (with IA No. 897/2022) and Company Appeal (AT) (CH) (Ins) No.398/2022 (with IA Nos. 948, 949 & 950/2022). The appellant in both cases is Corporation Transstroy OJSC, and the respondents are Dr. G.V. Narasimha Rao and another unnamed party. The hearing was conducted in hybrid mode. During the proceedings, a joint prayer was made by the parties for an adjournment.

Final Outcome

The bench, comprising Justice Sharad Kumar Sharma (Member - Judicial) and Jatindranath Swain (Member - Technical), granted the joint request for adjournment. Both appeals have been rescheduled and will next be heard on August 19, 2026. No substantive rulings or decisions on the merits of the case were made in this order.

Topics: NCLAT, Corporate Litigation, Adjournment