Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: August 31, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai issued a common order for three connected appeals: Company Appeal (AT)(CH) No.39/2021, Company Appeal (AT)(CH) No.40/2021, and Company Appeal (AT)(CH) No.41/2021. The appellant in all three matters is the Union of India. The respondent in each appeal is Megacity (Bangalore) Developers and Builders Ltd., along with another party (Anr.). The order provides a listing of the legal representatives present for the hearings, including Mr. ARL Sundaresan, ASG, appearing for the appellant (Union of India), and Mr. K. Prahalad Bhat, Advocate, appearing for the second respondent. An intervenor, Mr. Ravindra Beleyur, was also represented in one of the appeals.
Final Outcome
The bench, comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical), did not rule on the substantive matters of the appeals. The final outcome of this specific order was purely procedural: the tribunal listed all three connected company appeal matters for a hearing on September 18, 2026.
Topics: NCLAT, Legal Proceeding, Real Estate