Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee - Member (Judicial) and Jatindranath Swain - Member (Technical))
Order Date: 28 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in Company Appeal (AT) (CH) (Ins) No. 387/2026. The appeal involves Frontline Enterprises Limited as the Appellant against Anand Mohan Pandeya, the Resolution Professional of Sri Nagakrishna Chemicals Ltd., and another respondent. The matter was heard in hybrid mode with legal representation from both sides: Ms. Varshini advocating for the Appellant (through Mr. T Ravichandran) and Mr. Amir Bavani, Ms. Rishika Kumar, and Ms. Pragati Prajapati advocating for the first respondent.
Final Outcome
The Tribunal has listed the appeal for further hearing on 16 November 2026 under the caption 'For orders'. The interim order previously granted by the Tribunal, the specifics of which are not detailed in this particular order, shall continue to operate until the next date of listing. This is a procedural adjournment without any substantive decision on the merits of the case.
Topics: NCLAT Proceedings, Insolvency Appeal, Interim Relief