NCLAT Chennai stays liquidation tribunal's dissolution order for Sri Ganga Steel Enterprises Pvt Ltd to protect lender and SRA interests.
Appeals filed by Union Bank-led consortium and resolution applicant Puissant Global challenge dissolution over disputed SIPCOT leasehold properties.
Tribunal directs status quo on property possession and lists all interconnected appeals for final hearing on October 27, 2026.
Interim relief granted preserves security interest in subleased industrial plot amid complex sister concern insolvency proceedings.