Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee, Member (Judicial) and Jatindranath Swain, Member (Technical))
Order Date: September 28, 2026
Case Overview
This is an appeal filed by Ammon Holdings Pte. Ltd. against CA Mahalingam Suresh Kumar, the Resolution Professional of Real Value Promoters Pvt. Ltd. The case involves corporate insolvency proceedings under the Insolvency and Bankruptcy Code, 2016. The appeal challenges actions or decisions taken by the Resolution Professional in the corporate insolvency resolution process of Real Value Promoters Pvt. Ltd.
Final Outcome
The NCLAT has scheduled the next hearing for December 3, 2026, under the caption 'For Hearing'. The Tribunal has ordered that any interim order previously passed in this matter shall continue to remain in effect until the next hearing date. The case remains pending before the appellate tribunal.
Topics: NCLAT, Insolvency Appeal, Corporate Law