Authority: National Company Law Appellate Tribunal, Chennai Bench (Justice N. Seshasayee, Member (Judicial) and Jatindranath Swain, Member (Technical))
Order Date: 18 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed seven interconnected company appeals related to insolvency proceedings involving the Manjeera group of companies. The appeals are filed by G. Yoganand, who appears in various capacities including as a suspended director and promoter director of Manjeera Constructions Ltd. and Manjeera Retail Holdings Pvt. Ltd.
The respondents across the various appeals include Catalyst Trusteeship Ltd. (appearing in multiple appeals), resolution professionals (Birendra Kumar Agarwal as RP for both Manjeera Retail Holdings Pvt. Ltd. and Manjeera Construction), and other parties. The appeals challenge various aspects of the corporate insolvency resolution processes underway for both Manjeera Constructions Ltd. and Manjeera Retail Holdings Pvt. Ltd.
The matters involve complex insolvency litigation with multiple interconnected appeals being heard together. Senior advocates including Mr. E. Om Prakash, Mr. Krishnendu Datta, Mr. Srinath Sridevan, and Mr. PH. Arvindh Pandian are representing the various parties across the different appeals.
Final Outcome
The NCLAT has directed that all seven appeals be listed for hearing on 24 September 2026 at 2 PM. No substantive decisions on the merits of the appeals were made in this order, which serves solely as a procedural listing order.
Topics: Insolvency Proceedings, NCLAT Litigation, Real Estate Sector