NCLAT Chennai Admits Tata Capital Appeal with 4-Day Delay

Authority: National Company Law Appellate Tribunal, Chennai (Justice N Seshasayee, Member (Judicial) and Jatindranath Swain, Member (Technical))

Order Date: 29 September 2026

Case Overview

This is an interim procedural order in Company Appeal (AT) (CH) (Ins) No. 503 of 2026. The appellants, Ramachandran Radhakrishnan and another, have filed an appeal against the respondents, Tata Capital Ltd. and another. The appellants filed an application (IA No. 1424/2026) seeking condonation of a 4-day delay in filing the appeal. The Tribunal's registry confirmed the delay was 4 days. The bench found this delay to be within the condonable limit under the law.

Final Outcome

The National Company Law Appellate Tribunal allowed the application for condonation of delay. The Tribunal issued formal notice to the respondents, Tata Capital Ltd. and another, and listed the matter for the next hearing on 29 October 2026.

Topics: Insolvency Appeal, Procedural Order