Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee, Member (Judicial) and Jatindranath Swain, Member (Technical))

Order Date: 29 June 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed three interconnected Company Appeals for hearing on September 2, 2026. The appeals all challenge actions taken by Ms. Rajashree Santhanam in her capacity as the Liquidator of M/s. Anandram Developers Pvt. Ltd., which is undergoing liquidation proceedings.

The three appeals are:

1. Company Appeal (AT) (CH) (Ins) No.41/2022: Filed by M/s. Bharani Properties and Developers Pvt. Ltd. against the Liquidator.

2. Company Appeal (AT) (CH) (Ins) No.42/2022: Filed by M/s. Manoharamma Hotel Investment Pvt. Ltd. against the Liquidator.

3. Company Appeal (AT) (CH) (Ins) No.87/2022: Filed by K. Bapaiah, described as the Promoter and Erstwhile Director of Anandram Developers Pvt. Ltd., against the Liquidator.

Multiple Interlocutory Applications (IAs) are pending in these appeals, including IA Nos. 86, 193, 281, 964/2022, and 207/2023 in the first appeal; IA Nos. 90, 194/2022, and 632/2025 in the second appeal; and IA Nos. 187 and 188/2022 in the third appeal. The order is a procedural listing order and does not delve into the substantive merits of the disputes or the specific actions of the Liquidator being challenged.

Final Outcome

The Tribunal directed that all three appeals be listed for hearing on September 2, 2026, under the caption 'For Hearing'. No substantive rulings on the merits of the appeals or the pending interlocutory applications were issued in this order.

Topics: Corporate Insolvency, Liquidation Process, NCLAT Proceedings