Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee, Member (Judicial) and Jatindranath Swain, Member (Technical))
Order Date: October 5, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard Company Appeal (AT) (CH) (Ins) No.610/2025, which was filed by M/s. TSP Logistics Pvt. Ltd. (formerly known as Unitac Logistics Pvt Ltd) and another appellant against Sreenivasan P.R., the Liquidator of M/s. Greenlace Builders and Developers Pvt. Ltd. The appeal arises from insolvency proceedings concerning Greenlace Builders and Developers Pvt. Ltd. The specific nature of the dispute or the order being appealed is not detailed in this procedural order. The matter was presented by advocates for both parties: Mr. Liju V Stephen for the appellants and Ms. Kalliyani Krishna for the respondent liquidator.
Final Outcome
The Tribunal adjourned the hearing of the appeal to the next date of listing, which is December 4, 2026. It further directed that any interim order that had been granted earlier by the Tribunal would continue to operate until that next date of hearing. This is a procedural order that does not decide the merits of the case but merely schedules the next hearing and preserves the status quo.
Topics: Insolvency Appeal, NCLAT Proceeding