Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: 16 September 2026
Case Overview
This is a procedural order in an appeal filed before the National Company Law Appellate Tribunal (NCLAT) at Chennai. The appeal arises from the insolvency and liquidation proceedings of Priyadasini Ltd. The appellant is Krishna Mohan Gollamudi, who is the Liquidator for Priyadasini Ltd. The respondents include V. Amar Chand and another party. The appeal is registered as Company Appeal (AT) (CH) (Ins) No.50/2023, with several interconnected applications (IA Nos. 173 & 1153/2023, 641/2024, 1449/2025 & 591/2026).
Final Outcome
The two-member bench, comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical), issued a procedural directive. The bench ordered that the appeal be listed next for hearing on 04 November 2026. No substantive issues related to the insolvency or liquidation were decided in this order. The outcome of the appeal and the underlying applications remains pending and will be considered at the future hearing.
Topics: Corporate Insolvency, NCLAT Proceedings