NCLAT Chennai Lists Phoenix ARC Appeals for January 2027

Authority: National Company Law Appellate Tribunal, Chennai Bench

Order Date: 03.11.2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in two connected appeals filed by Phoenix ARC Pvt. Ltd. The first appeal, Company Appeal (AT) (CH) (Ins) No. 52/2026, is against Sagar Power (Dandela) Limited. The second appeal, Company Appeal (AT) (CH) (Ins) No. 53/2026, is against Bhoruka Power Corporation Limited. The nature of the disputes or the grounds for appeal are not detailed in this order. The matters were heard in hybrid mode. Ms. Meghana Shivakumar, Advocate, appeared for the Appellant (Phoenix ARC Pvt. Ltd.), and Mr. Arun Karthik Mohan, Advocate, appeared for the Respondents. The bench comprised Justice N Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical).

Final Outcome

The Tribunal did not make any substantive ruling on the merits of the appeals. The order solely lists both matters for their next hearing on 05.01.2027.

Topics: NCLAT, Insolvency Appeal, Procedural Hearing