Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai, comprising Justice Sharad Kumar Sharma (Member - Judicial) and Jatindranath Swain (Member - Technical)
Order Date: June 11, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai issued a procedural order in three interconnected company appeals related to the insolvency proceedings of Fenoplast Ltd. The appeals were filed by Mr. H. Kishen, described as the Erstwhile Promoter & Suspended Managing Director of Fenoplast Ltd, along with another appellant. The respondents in the appeals are Ms. G. Kalpana, the Resolution Professional (RP) of Fenoplast Ltd, and three other parties.
The specific appeal numbers are:
- Company Appeal (AT) (CH) (Ins) No. 88/2025
- Company Appeal (AT) (CH) (Ins) No. 90/2025 (with IA Nos. 253, 254 & 1552/2025)
- Company Appeal (AT) (CH) (Ins) No. 114/2025 (with IA No. 320/2025)
Representation was noted for the appellants by Mr. Likhith, Advocate (for Ms. Madhavilatha Lokireddy, Advocate). For the respondents, Mr. Ravi Rajagopalan appeared for R1 (Resolution Professional), Ms. Madhuvandhi appeared (for Mr. ML. Ganesh) for R2, and Mr. Gowthaman appeared (for Mr. NP Vijaykumar) for R3.
Final Outcome
The NCLAT bench ordered that these appeals be listed for admission hearing (after notice) on August 20, 2026. This is a procedural order that does not decide the merits of the case but simply schedules the matter for further hearing.
Topics: Corporate Insolvency, NCLAT Proceedings, Promoter Dispute