Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: 18 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai is hearing three connected appeals filed by the Union of India (Appellant) against Megacity (Bangalore) Developers and Builders Ltd. and Another (Respondents). The appeals are registered as Company Appeal (AT)(CH) No.39/2021, Company Appeal (AT)(CH) No.40/2021, and Company Appeal (AT)(CH) No.41/2021. The Tribunal noted the presence of multiple advocates representing the parties: Mr. Avinash Krishnan Ravi for the Appellant (Union of India), Mr. K. Prahalad Bhat for Respondent 2, and Mr. Nilesh Sharma with Mr. Dhawesh Pahuja representing an Intervenor (R3). Another intervenor was represented by T. Ravichandran. The order does not disclose the specific nature of the dispute or the background of the case.
Final Outcome
The Tribunal issued a procedural order directing all parties to share "pointed notes of submission" among themselves and with the Tribunal. The matters were adjourned and listed for next hearing on November 24, 2026, at 2:00 PM. The order was passed by a bench comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical) in hybrid mode.
Topics: NCLAT Proceedings, Real Estate Dispute, Government Litigation