Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee, Member (Judicial) and Jatindranath Swain, Member (Technical))

Order Date: 06 November 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in an ongoing appeal. The appellant is K. Paramasivam, a discharged director of Sri Maharaja Oil Imports and Exports India Pvt. Ltd. The respondent is R. Raghavendran, the Resolution Professional (now Liquidator) of the same company. The appeal is registered as Company Appeal (AT) (CH) (Ins) No. 216/2025, with an Interlocutory Application numbered IA No.659/2025.

Final Outcome

The bench has scheduled the next hearing for this appeal on 19 January 2027. No substantive arguments were heard or decisions made on this date; the order is purely for listing the matter for a future hearing.

Topics: Corporate Insolvency, Legal Appeal