Authority: National Company Law Appellate Tribunal, Chennai
Order Date: June 10, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in two connected company appeals (AT)(CH)(Ins) No.83/2025 and No.141/2025. The appeals were filed by Sri Brindhavan Brick Works (Appellant) against DiMax Restructuring Pvt Ltd in its capacity as the Liquidator of Maan Sarovar Properties Development Pvt. Ltd. The second appeal (No.141/2025) also includes three other respondents. The nature of the dispute and the specific allegations are not detailed in this particular order, which is focused on scheduling. The matter pertains to the corporate insolvency resolution process of Maan Sarovar Properties Development Pvt. Ltd.
Final Outcome
The tribunal has listed both appeals for their next hearing on July 21, 2026. Until that date, any interim order that had been previously granted by the tribunal in this matter shall continue to remain in operation. This order merely adjourns the proceedings and maintains the status quo until the next hearing date.
Topics: Insolvency Appeal, NCLAT Proceeding, Liquidator Dispute