Authority: National Company Law Appellate Tribunal, Chennai (Justice N Seshasayee - Member (Judicial) and Jatindranath Swain - Member (Technical))
Order Date: 29 June 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in two connected appeals. Company Appeal (AT) (CH) No.78/2024 was filed by Mr. Gireesh Sanghi as appellant against Sanghi Industries Ltd. and 19 other respondents. Company Appeal (AT) (CH) No.86/2024 was filed by Mr. Gireesh Kumar Sanghi (HUF) as appellant against the same set of respondents - Sanghi Industries Ltd. and 19 others. The order does not disclose the nature of the underlying dispute or the subject matter of the appeals. Multiple interim applications were filed in connection with these appeals (IA Nos. 1159, 1161, 1162, 1163/2024 for the first appeal and IA Nos. 1285, 1286/2024 for the second appeal).
Final Outcome
The NCLAT bench directed that both appeals be listed for hearing on 28 July 2026. This is purely a scheduling order that adjourns the matter without addressing any substantive issues in the appeals. The order maintains the status quo until the next hearing date.
Topics: NCLAT Proceedings, Corporate Litigation, Scheduling Order