Authority: National Company Law Appellate Tribunal, Chennai (Justice Sharad Kumar Sharma, Member (Judicial) and Jatindranath Swain, Member (Technical))
Order Date: 15 June 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed Company Appeal (AT) (CH) (Ins) No. 50/2023 for hearing on 17 July 2026. The appeal is filed by Krishna Mohan Gollamudi in his capacity as the Liquidator for Priyadasini Ltd against respondents V. Amar Chand and another. The appeal arises from the corporate insolvency resolution process of Priyadasini Ltd. Multiple interlocutory applications (IA Nos. 173/2023, 1153/2023, 641/2024, 1449/2025 & 591/2026) are pending in connection with this appeal. During the listing on 15 June 2026, the appellant was represented by counsel Mr. Avinash Alladi, Advocate, while there was no appearance for the respondents.
Final Outcome
The NCLAT bench directed the matter to be listed on 17 July 2026 under the caption 'For Hearing'. No substantive orders were passed on the merits of the case at this stage.
Topics: Corporate Insolvency, NCLAT Proceedings