Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: October 5, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed two connected appeals for hearing concerning the corporate insolvency resolution process of SDU Travels Pvt. Ltd. (in Liquidation).
The first appeal, Company Appeal (AT) (CH) (Ins) No. 28/2026, has been filed by M/s. Parkview Developers Pvt. Ltd. as the Appellant against SDU Travels Pvt. Ltd. (in Liquidation) and four other Respondents. The second appeal, Company Appeal (AT) (CH) (Ins) No. 30/2026, has been filed by Ronojoy Dasgupta as the Appellant against Ahsan Ahmed (the Erstwhile Resolution Professional of SDU Travels Pvt. Ltd.) and four other Respondents.
Representation for the parties included Mr. C. Harsha Raj for the Appellant in the first appeal, and Mr. Ahsan Ahmed (the Erstwhile Resolution Professional) appearing in-person. Ms. Manju Bhuteria, Senior Advocate, represented the fifth respondent in the first appeal and the appellant in the second appeal.
The order is a procedural listing order that does not delve into the substantive merits of the appeals but provides a timeline for further proceedings.
Final Outcome
The bench, comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical), directed that both appeals be listed for hearing on November 24, 2026. The tribunal also ordered that any interim order already passed in the matter would continue to remain in force until the next date of listing. The outcome of the substantive issues raised in the appeals remains pending and will be considered on the next hearing date.
Topics: NCLAT Proceedings, Corporate Insolvency, Hearing Adjournment