Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai
Order Date: July 2, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in Company Appeal (AT) (CH) (Ins) No.424/2025. The appellant is Kokku Prabhu Venkata Anjani Kumar, identified as the Suspended Director of Ramakrishna Township & Projects Pvt. Ltd. The respondents are SREI Equipment Finance Ltd. (R1) and another unnamed respondent (R2/IRP), with the Interim Resolution Professional represented by counsel. The appeal appears to challenge proceedings under the Insolvency and Bankruptcy Code involving Ramakrishna Township & Projects Pvt. Ltd. and SREI Equipment Finance Ltd.
The matter was heard in hybrid mode by a bench comprising Justice Sharad Kumar Sharma (Member - Judicial) and Jatindranath Swain (Member - Technical). Counsel representation included Mr. R. Imayavaramban and Ms. K. Bharathi for the appellant, Ms. Poornima Devi for Mr. Anant Merathia (representing Respondent 1 - SREI Equipment Finance Ltd.), and Mr. VVSN Raju for Respondent 2 (the Interim Resolution Professional).
Final Outcome
The NCLAT has scheduled the next hearing for August 28, 2026, under the caption 'For Admission (After Notice)'. This indicates the tribunal will consider whether to admit the appeal for full hearing after formal notice is issued to the respondents. No substantive decision on the merits of the case was made in this order.
Topics: Insolvency Appeal, Real Estate Company Dispute