Case Details

Case Names:

  • Company Appeal (AT) (CH) (Ins) No.73/2024 (Octopus Productions Pvt. Ltd. vs Enforcement Directorate & 5 Ors)
  • Company Appeal (AT) (CH) (Ins) No.74/2024 (SREI Multiple Assets Investment Trust Vision India Fund, SRA of Deccan Chronicles Holdings Ltd. vs Enforcement Directorate & 7 Ors)

Court/Authority: National Company Law Appellate Tribunal at Chennai (Appellate Jurisdiction)

Order Date: June 5, 2026

Next Hearing Date: July 2, 2026

Parties Involved

Appellants:

  • Octopus Productions Pvt. Ltd. (Appeal No.73/2024)
  • SREI Multiple Assets Investment Trust Vision India Fund, acting as SRA (Secured Creditor) of Deccan Chronicles Holdings Ltd. (Appeal No.74/2024)

Respondents:

  • Enforcement Directorate, Through Joint Director, Hyderabad Zonal Office (Primary Respondent in both appeals)
  • Additional respondents (5 others in Appeal No.73/2024, 7 others in Appeal No.74/2024)

Legal Representation:

  • For Appellant (Octopus): Mr. Pawan Jhabakh, Advocate
  • For Appellant (SREI): Mr. Srinath Sridevan, Senior Advocate with Mr. A. Ram Kumar, Advocate
  • For Respondent ED: Mr. Cibi Vishnu, Advocate
  • For Respondent R2: Mr. Mayur Mundra, Advocate
  • For Respondent R8: Mr. V. Aneesh, Advocate (in Appeal No.74/2024)

Final Ruling & Enforcement

The Tribunal ordered:

  • Both appeals to be listed for next hearing on July 2, 2026
  • The earlier interim order granted by the Tribunal in both appeals (Comp. App. (AT) (CH) (Ins.) Nos. 73 & 74/2024) shall continue until the next date of hearing

Bench Composition:

  • Justice Yogesh Khanna, Member (Judicial)
  • Jatindranath Swain, Member (Technical)

Note: The order document provided does not contain details about the specific allegations, violations, findings, penalties, or corrective actions. The document primarily contains procedural information about the listing of appeals and continuation of interim relief.