Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee - Member (Judicial) and Jatindranath Swain - Member (Technical))

Order Date: September 28, 2026

Case Overview

The appeal involves Ashwinkumar Kantilal Kamdar, Suspended Director of Prince Foundation Ltd., as the appellant against Malco Gems & Anr. as respondents. The case is registered as Company Appeal (AT) (CH) (Ins) No. 228/2026 with IA No.634/2026. The Tribunal heard advocates representing both parties - Mr. Sailesh R for the appellant and Mr. Madhanramu (for Mr. J. Manivannan) for the first respondent.

Final Outcome

The Tribunal scheduled the next hearing for December 9, 2026, under the caption 'For Hearing'. The order specifically states that any interim order previously granted by the Tribunal shall continue until the next date of hearing.

Topics: Corporate Insolvency, Legal Proceedings, Director Appeals