Octopus, SREI Appeals vs ED Adjourned to Dec 2026

Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai, Appellate Jurisdiction

Order Date: 02.11.2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai heard two connected appeals.

• Company Appeal (AT) (CH) (Ins) No.73/2024 was filed by Octopus Productions Pvt. Ltd. (Appellant) against the Enforcement Directorate, Through Joint Director, Hyderabad Zonal Office & 5 Others (Respondents).
• Company Appeal (AT) (CH) (Ins) No.74/2024 was filed by SREI Multiple Assets Investment Trust Vision India Fund, in its capacity as the Successful Resolution Applicant (SRA) of Deccan Chronicles Holdings Ltd. (Appellant) against the Enforcement Directorate, Through Joint Director, Hyderabad Zonal Office & 7 Others (Respondents).
• The nature of the disputes and the specific allegations against the Enforcement Directorate are not detailed in this procedural order.

Final Outcome

The NCLAT bench, comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical), did not rule on the merits of the appeals. The tribunal adjourned the hearing of both appeals and listed them for the next date of hearing on 09.12.2026. The interim order, which was previously granted in these matters, was directed to continue operating until the next date of listing.

Topics: NCLAT, Enforcement Directorate, Adjournment