Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai
Order Date: 06 November 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in Company Appeal (AT) (CH) (Ins) No. 216/2025. The appellant is K. Paramasivam, identified as a Discharged Director of Sri Maharaja Oil Imports and Exports India Pvt. Ltd. The respondent is R. Raghavendran, who is the Resolution Professional (RP) and is now the Liquidator of the same company, Sri Maharaja Oil Imports and Exports India Pvt. Ltd. The appeal was heard in a hybrid mode. The legal representation for the appellant was Ms. Pravartha, Advocate, and for the respondent was Mr. B. Dhanaraj, Advocate. The bench comprised Justice N. Seshasayee, Member (Judicial), and Jatindranath Swain, Member (Technical).
Final Outcome
The Tribunal ordered that the appeal be listed for hearing on 19 January 2027. This is a scheduling order, and the substantive merits of the appeal were not addressed in this proceeding.
Topics: Insolvency Appeal, NCLAT Procedure, Corporate Liquidation