Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: 19.06.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued an order in Company Appeal (AT) (CH) (Ins) No. 439/2025. The appeal has been filed by the Regional Provident Fund Commissioner - II (Appellant) against M/s. Lokaa Developers Pvt. Ltd., which is represented by its Resolution Professional, Mr. Ramakrishnan Sadasivan, and Another (Respondents). The matter pertains to the tribunal's appellate jurisdiction under insolvency proceedings. During the hearing on 19.06.2026, there was no appearance from the Appellant's side. Mr. Ravi Rajagopalan, Advocate, appeared on behalf of the first Respondent (Lokaa Developers Pvt. Ltd.).
Final Outcome
The bench, comprising Justice Sharad Kumar Sharma (Member - Judicial) and Jatindranath Swain (Member - Technical), adjourned the hearing. The appeal has been listed next on 19.08.2026 under the caption 'For Admission (After Notice)'.
Topics: Insolvency Appeal, Regulatory Dispute, Adjournment