Authority: National Company Law Appellate Tribunal, Chennai (Justice Sharad Kumar Sharma, Member (Judicial) and Jatindranath Swain, Member (Technical))
Order Date: July 2, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard arguments in Company Appeal (AT) (CH) (Ins) No. 196/2021. The appeal was filed by Mr. Srinivasa Rao Idupulapati, described as the Erst Chief Promoter and Managing Director of ISR Infra Pvt. Ltd., against the respondents ISR Infra Pvt. Ltd. represented by the Resolution Professional and Liquidator Mr. Pradeep Kumar Sravanam & Another. The case appears to relate to corporate insolvency proceedings involving ISR Infra Pvt. Ltd. The tribunal heard arguments from Mr. C J Sathish Kumar (advocate for Mr. P. Elayaraj Kumar) representing the appellant, and Ms. JVL Bharathi representing the first respondent.
Final Outcome
The bench reserved its orders after hearing arguments from both parties. The final judgment in the matter remains pending as the tribunal did not deliver an immediate verdict but instead reserved its decision for a later date.
Topics: Corporate Insolvency, NCLAT Proceedings