Authority: National Company Law Appellate Tribunal, Chennai Bench (Justice N. Seshasayee, Member (Judicial) and Jatindranath Swain, Member (Technical))
Order Date: September 29, 2026
Case Overview
This order pertains to Company Appeal (AT) (CH) (Ins) No. 150/2023 with connected Interlocutory Applications Nos. 494 and 495 of 2023. The appeal has been filed by Damodaran R, who is identified as the Suspended Director of Real Value Promoters Private Ltd., against respondents P. Manickam and Co & Anr. The nature of the proceedings involves the appellate jurisdiction of the NCLAT concerning insolvency matters. The order does not provide details of the underlying dispute or allegations but deals with procedural scheduling.
Final Outcome
The bench, operating in hybrid mode, noted that there was no appearance for the appellant during the hearing. Mr. AG. Sathyanarayana, Advocate, appeared for the second respondent. The tribunal directed that the appeal be listed next for hearing on November 6, 2026. The order is purely procedural and does not contain any substantive ruling on the merits of the case.
Topics: NCLAT, Insolvency Appeal, Procedural Hearing