Authority: National Company Law Appellate Tribunal, Chennai
Order Date: August 18, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in Company Appeal (AT)(CH)(Ins) No. 556/2025. The appeal is filed by appellants Kakanatil Siraj Mather Abdul Rahiman & Anr. against the respondent Sreenivasan PR, who is the Liquidator of Greenlace Builders & Developers Pvt. Ltd. The order deals with two interim applications numbered IA Nos. 1576 & 1577/2025. The bench comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical) heard advocates for both parties - Mr. Varun representing the appellants and Ms. Anita representing the respondent liquidator.
Final Outcome
The Tribunal has listed the appeal for hearing on October 12, 2026, under the caption 'For Hearing'. Until the next date of hearing, any existing interim order previously passed by the Tribunal shall continue to remain in effect. This is a procedural order that does not decide the merits of the case but merely schedules the matter for future hearing while maintaining the status quo through the continuation of existing interim orders.
Topics: Insolvency Appeal, NCLAT Proceeding