Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: 09 June 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in Company Appeal (AT) (CH) (Ins) No. 309/2025. The appeal has been filed by FirstStep Ventures Ltd., which identifies itself as the Resolution Applicant of Frontier Lifeline Pvt. Ltd., against Mr. S. Rajagopal, the Chairman of the Monitoring Committee of Frontier Lifeline Pvt. Ltd. The appeal is accompanied by two Interlocutory Applications numbered IA Nos. 914 and 915 of 2025. The matter was heard in hybrid mode with legal representation from both parties: Ms. Priyadharshini, Advocate appeared for the Appellant (FirstStep Ventures Ltd.), while Ms. Deepa Mariappan, Advocate appeared for the Respondent (Mr. S. Rajagopal) on behalf of Mr. B. Dhanaraj, Advocate.
Final Outcome
The two-member bench comprising Justice Sharad Kumar Sharma (Member - Judicial) and Jatindranath Swain (Member - Technical) ordered that the appeal be listed for admission hearing (after notice) on 14 August 2026. This is a scheduling order that sets the date for the next hearing without making any substantive determinations on the merits of the case.
Topics: Insolvency Appeal, NCLAT Procedure