Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: 24 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed Company Appeal (AT) (CH) (Ins) No.22/2024 for hearing on December 21, 2026. The appeal involves NRS Steel Traders LLP as the appellant against Mr. Kamalesh Kumar Singhania (Liquidator of Khaitan Electricals Ltd.) and another respondent. The appeal was filed under the appellate jurisdiction of NCLAT concerning insolvency matters (Ins). An interlocutory application (IA No. 80/2024) was also pending with this appeal. During the hearing, the appellant was represented by advocates Ms. Deepaa and Dr. S. Sathiyanarayanan, while there was no appearance from the respondents.
Final Outcome
The bench comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical) adjourned the matter to December 21, 2026. The order was passed in hybrid mode, indicating both physical and virtual hearing options. The substantive issues in the appeal remain unresolved and will be considered on the next hearing date.
Topics: NCLAT Proceedings, Insolvency Appeal, Adjournment