Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: 06 October 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has reserved judgment in Company Appeal (AT) (CH) (Ins) No. 553/2026. The appeal was filed by Bharath Kumar, described as the Erstwhile Director of Metal Closures Pvt Ltd, against Ramanathan Bhuvaneshwari, the Liquidator of Metal Closures Pvt Ltd, and another respondent. The case was heard by a bench comprising Justice N Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical). The appellant was represented by Senior Advocate Mr. PH Arvindh Pandian along with Mr. Chandramouli Prabhakar, Advocate. The respondents were represented by Senior Advocate Mr. Dhananjay Joshi along with Mr. Srinandan K, Advocate for the first respondent (the Liquidator). The hearing was conducted in hybrid mode.
Final Outcome
The judgment has been reserved by the tribunal. The final ruling and its practical consequences for the parties will be determined and announced at a future date.
Topics: NCLAT Proceedings, Corporate Insolvency, Liquidation