Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: June 24, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in Company Appeal (AT) (CH) (Ins) No. 591/2025. The appeal has been filed by Mr. Rajkumar Mani, the Suspended Director of M/s. Disha Infraspace Solutions Pvt Ltd, against M/s. Northern Arc Capital Ltd and another respondent. The matter appears to arise from corporate insolvency proceedings involving Disha Infraspace Solutions Pvt Ltd, an infrastructure solutions company. The tribunal bench comprising Justice Sharad Kumar Sharma (Member Judicial) and Jatindranath Swain (Member Technical) heard representations from advocates for both parties - Ms. Sai Aasheerwa for the appellant and Mr. G. Ramachandran, who appears to be the Resolution Professional, for the respondents.
Final Outcome
The NCLAT has listed the appeal for admission hearing on September 2, 2026, under the caption 'For Admission (After Notice)'. This indicates that the tribunal will consider whether to admit the appeal after formal notice has been served to the respondents. No substantive decision on the merits of the case has been made at this stage.
Topics: Insolvency Appeal, Corporate Litigation, NCLAT Proceedings