Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee - Member (Judicial) and Jatindranath Swain - Member (Technical))
Order Date: September 16, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai is hearing Company Appeal (AT) (CH) (Ins) No. 362/2026 filed by Verity Knowledge Solutions Pvt Ltd, represented by its AVP-Finance Mr. Shaik Abdul Muqueem as the appellant. The respondents are Ms. Namrata Amol Randeri, who serves as the Resolution Professional of Kobo Biotech Ltd, along with another respondent. The appeal relates to corporate insolvency resolution proceedings involving M/s. Kobo Biotech Ltd. The matter was heard in hybrid mode with legal representation from both sides: Mr. S. Hasthisha Desikan, Advocate for the appellant and Mr. Siddharth Etambe, Advocate for the first respondent.
Final Outcome
The NCLAT bench deferred the hearing of the appeal to November 17, 2026. The tribunal ordered that any interim relief previously granted in this matter shall continue to remain in effect until the next date of hearing.
Topics: Insolvency Appeal, Hearing Adjournment, Interim Relief