Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai, comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical)
Order Date: 16 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in two connected appeals. The appellants are individuals, D Aravind Prabhu (Company Appeal (AT) (CH) (Ins) No.480/2026) and A Induja (Company Appeal (AT) (CH) (Ins) No.481/2026). The sole respondent in both appeals is Tata Capital Ltd, a significant non-banking financial company. The nature of the underlying dispute or the orders being appealed against is not detailed in this procedural document. The appeals were presented before the bench by Advocate Mr. Avinash Krishnan Ravi, instructed by Advocate Mohd Wasif Khan, on behalf of both appellants. There was no appearance or representation on behalf of the respondent, Tata Capital Ltd, during this hearing.
Final Outcome
The Tribunal directed that notices be issued to the respondents, Tata Capital Ltd & Anr., through all permissible modes of service except substituted service. Both appeals, along with their respective Interlocutory Applications (IA No.1355 & 1356/2026 for the first appeal and IA No.1357 & 1358/2026 for the second), have been listed for the next hearing on 30 September 2026. The order is procedural and does not constitute a final decision on the merits of the appeals.
Topics: NCLAT, Insolvency Appeal, Financial Services