Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: August 20, 2026
Case Overview
This is a procedural order in Company Appeal (AT) (CH) (Ins) No. 440/2024. The appellant is Ashish Arjunkumar Rathi, who serves as the Liquidator of Ind Barath Power (Madras) Ltd. The respondent is Huzefa Fakhri Sitabkhan, who serves as the Resolution Professional of Ind-Barath Power Infra Ltd. The order was heard in hybrid mode with representation from both parties: Ms. Akshayaa, Advocate for the Appellant, and Mr. Aditya Nair, Advocate for the Respondent. The bench comprised Justice N Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical).
Final Outcome
The Appellate Tribunal ordered that the hearing of this appeal be postponed and listed for a future date. The new date set for the hearing is November 17, 2026. No substantive matters concerning the underlying insolvency proceedings were addressed in this order.
Topics: Insolvency Proceedings, NCLAT Appeal, Power Sector