Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: 28 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed an appeal filed by Assets Care and Reconstruction Enterprise Ltd (Appellant) against Ramanathan Bhuvaneshwari, the Resolution Professional for LGCL Urban Homes (India) LLP (Respondent). The appeal is registered as Company Appeal (AT) (CH) (Ins) No. 33/2026 with connected interlocutory applications IA Nos. 76 and 78 of 2026. The order represents a procedural step in ongoing insolvency proceedings involving LGCL Urban Homes (India) LLP.
Final Outcome
The appellate tribunal bench comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical) has scheduled the appeal for hearing on 18 November 2026. The order was passed in hybrid mode, indicating physical and virtual hearing options were available.
Topics: Insolvency Appeal, NCLAT Procedure, Corporate Debt Resolution