Authority: National Company Law Appellate Tribunal at Chennai
Order Date: 16 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed an insolvency appeal between Howden Axial Fans AB (Appellant) and BGR Boilers Pvt. Ltd. (Respondent) for hearing on 16 November 2026. The appeal is registered as Company Appeal (AT) (CH) (Ins) No.347/2023, with three interim applications (IA Nos.1056, 1059 & 1060/2023) pending consideration. The matter was heard in hybrid mode with legal representation from both parties: Ms. Anasuya Nair (for Mr. Ajay Bhargava) representing the appellant and Mr. CP. Prasanth Gopal representing the respondent. The bench comprised Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical).
Final Outcome
The tribunal has scheduled the next hearing for November 16, 2026, indicating that the appeal remains pending and no substantive decision has been rendered at this stage.
Topics: Insolvency Appeal, NCLAT Proceedings, Corporate Litigation