Authority: National Company Law Appellate Tribunal, Chennai
Order Date: June 9, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has scheduled an appeal filed by Dinesh Kothari (Suspended Director of JKS The Banyaan Pvt Ltd) and two other appellants against Rajalakshmi Vardarajan, the Liquidator of JKS The Banyaan Pvt Ltd. The appeal, registered as Company Appeal (AT) (CH) (Ins) No. 609/2025 with connected applications (IA Nos. 1696/2025, 338 & 727/2026), challenges aspects of the company's liquidation process. The tribunal has listed the matter for admission hearing after notice on July 30, 2026.
Final Outcome
The tribunal ordered that any interim order previously granted in this matter will continue to operate until the next date of listing (July 30, 2026). The appeal remains pending and will be considered for admission at the next hearing.
Topics: Insolvency Appeal, Corporate Liquidation, NCLAT Proceedings