Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: 16 September 2026
Case Overview
This is a procedural order in Company Appeal (AT) (CH) (Ins) No.322/2023, which involves multiple interlocutory applications (IA Nos.983 & 990/2023, 1138, 1140 & 1137/2024). The appeal concerns M/s. Capricorn Food Products India Ltd and involves insolvency proceedings. The appellant is identified as the Suspended Director of the company, while the respondents include the Resolution Professional of M/s. Capricorn Food Products India Ltd and 13 others. Multiple legal representatives are involved in the case: Mr. Bhagavath Krishnan (Advocate) for the appellant, Mr. M.L. Ganesh (Advocate) for Respondent 5, Mr. T. Ravichandran (Advocate) for Respondent 1, Mr. PV Balasubramaniam (Senior Advocate) represented by Mr. Krishna Sumanth (Advocate) for Respondent 2, and Mr. Ravi Rajagopalan (Advocate) for Respondent 14.
Final Outcome
The NCLAT bench comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical) has scheduled the next hearing of this appeal for 16 November 2026 at 2:00 PM. This is purely a procedural order for case management and does not address the substantive merits of the appeal.
Topics: Insolvency Appeal, NCLAT Procedure, Corporate Litigation