Authority: National Company Law Appellate Tribunal, Chennai Bench (Appellate Jurisdiction)
Order Date: 24 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Chennai Bench, comprising Justice N Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical), heard procedural matters in an ongoing appeal. The appeal, registered as Company Appeal (AT) (CH) (Ins) No. 197/2026, involves A Mathiyalagan, the Suspended Director of Mediclone Biotech Pvt. Ltd., as the Appellant. The Respondents are the Biotechnology Industry Research Assistance Council (BIRAC) and two others. The specific application being heard was IA No.1238/2026 in the main appeal, with another application IA No. 564/2026 also referenced. The nature of the underlying dispute or the specifics of the interim order in effect are not detailed in this procedural order.
Final Outcome
The Bench listed the appeal for further hearing on 19 November 2026 under the caption 'For Orders'. The tribunal directed that the existing interim order, the specifics of which are not described in this document, shall continue to remain in force until the next date of listing.
Topics: NCLAT, Corporate Insolvency, Interim Relief