Authority: National Company Law Appellate Tribunal, Chennai (Justice Sharad Kumar Sharma - Member (Judicial) and Jatindranath Swain - Member (Technical))
Order Date: June 10, 2026
Case Overview
The matter involves Company Appeal (AT) (CH) (Ins) No. 345/2021 with connected applications IA Nos. 713, 714, and 715/2021. The appeal arises from an order of liquidation concerning Santhosh Hospitals Pvt. Ltd. The appellant is Dr. P. Mahalingam, while the respondents include the company through its Liquidator, Ms. Deepa Venkat Ramani, and two others. The proceedings are currently stayed due to a related matter pending before the Supreme Court of India.
Final Outcome
The NCLAT deferred all proceedings in the instant Company Appeal due to the existence of Civil Appeal No. 3076-3077/2022 pending before the Supreme Court, which has an interim status quo order dated December 16, 2022. The tribunal listed the matter for next hearing on August 28, 2026, effectively putting the liquidation appeal on hold until the Supreme Court proceedings are resolved.
Topics: Corporate Insolvency, Judicial Deferral, Liquidation Proceedings