Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: September 2, 2026
Case Overview
The National Company Law Appellate Tribunal at Chennai heard Company Appeal (AT) (CH) (Ins) No. 468/2024 with IA No. 1276/2024. The appeal involves CA Mahalingam Suresh Kumar, the Resolution Professional of Real Value Promoters Pvt. Ltd., as the appellant against respondents Ramaswamy Damodaran and three others. During the hearing, there was no appearance from the appellant's side. The respondents were represented by Mr. Arun Karthick Mohan, Advocate, appearing for Mr. Suhrith Parthasarathy, Advocate for the fourth respondent.
Final Outcome
The Tribunal, comprising Justice N Seshasayee (Member Judicial) and Jatindranath Swain (Member Technical), ordered that the appeal be listed for next hearing on November 26, 2026. The order was passed in hybrid mode, indicating a combination of physical and virtual proceedings.
Topics: Insolvency Proceedings, NCLAT Adjournment