Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee - Member (Judicial) and Jatindranath Swain - Member (Technical))
Order Date: September 30, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in Company Appeal (AT) (CH) (Ins) No.318/2021. The appeal has been filed by M/s. Sitalakshmi Mills against Mr. T.V. Balsubramaniam, the Resolution Professional of Solingar Textiles Ltd., and another respondent. The order represents a routine scheduling decision in an ongoing insolvency-related appeal matter.
Final Outcome
The NCLAT bench directed that the appeal be listed for hearing on December 3, 2026. This constitutes an adjournment of approximately two months from the current hearing date of September 30, 2026. The order does not contain any substantive rulings on the merits of the case, penalties, or final determinations.
Topics: Insolvency Appeal, NCLAT Procedure, Textiles Sector