Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: 28 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard brief arguments in Company Appeal (AT) (CH) (Ins) No. 516 / 2026. The appeal was filed by Mr. Vivek Kumar Ratakonda, who is the Resolution Applicant of Baron Infotech Ltd., against respondents including Ahalada Rao Vummenthala (the Resolution Professional of Baron Infotech Limited) and two others. The Tribunal noted that the appellant had filed a short written synopsis and described the case as "layered, at least on facts."
The matter was heard in hybrid mode with representation from multiple advocates: Mr. TK Bhaskar for the appellant (with Ms. Pavni Dada and Ms. Divya K), and Mr. Krishna Grandhi (Senior Advocate) with Mr. Avinash Alladi and Mr. Kartikey Raja for respondent 1/RP. Mr. CS Prahalad and Mr. M. Maharshi Viswaraj appeared for respondent 2/CoC, while Mr. R. Sankaranarayanan (Senior Advocate) with Ms. Janani Shankar appeared for respondent 3.
Final Outcome
The two-member bench comprising Justice N Seshasayee (Member Judicial) and Jatindranath Swain (Member Technical) deferred the hearing to 29 September 2026 under the same case caption. The postponement was ordered to allow the Tribunal additional time to review the written synopsis submitted by the appellant before proceeding with the substantive hearing of the appeal.
Topics: Insolvency Appeal, NCLAT Proceeding