Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee - Member (Judicial) and Jatindranath Swain - Member (Technical))
Order Date: 24 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in Company Appeal (AT) (CH) (Ins) No. 271/2026. The appeal has been filed by CA Mahalingam Suresh Kumar in his capacity as the Liquidator of Ganga Foundations Pvt Ltd against Revanza Leasing India Pvt. Ltd., represented by its Director Bala Subramanian Vijay Ganesh. The appeal arises from the corporate insolvency resolution process of Ganga Foundations Pvt Ltd.
The tribunal has directed that this appeal be listed for hearing along with three other connected appeals - Company Appeal (AT) (CH) (Ins) No. 364/2026, Company Appeal (AT) (CH) (Ins) No. 365/2026, and Company Appeal (AT) (CH) (Ins) No. 366/2026 on 09 October 2026. The order was passed in hybrid mode, allowing both physical and virtual appearances.
Final Outcome
The appeal has been adjourned to 09 October 2026 for hearing along with the three connected appeals. No substantive decision on the merits of the case was made in this order, which serves purely as a scheduling directive for future proceedings.
Topics: Insolvency Appeal, NCLAT Procedure, Liquidation Matters