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

Order Date: 19 June 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai has admitted two separate appeals filed by Pankaj Srivastava in his capacity as the Liquidator of Samruddhi Realty Ltd. The appeals bear Company Appeal numbers (AT) (CH) (Ins) No. 64/2026 and No. 65/2026.

In Appeal No. 64/2026, the appellant (Liquidator) is against respondents Sankeshwara Estates and another party. In Appeal No. 65/2026, the appellant is against respondents Pirgal Investment and another party. Both matters relate to insolvency proceedings. During the hearing held in hybrid mode, Mr. Milind Dange, Advocate, appeared for the appellant. No appearance was recorded for any of the respondents.

The bench comprising Justice Sharad Kumar Sharma (Member - Judicial) and Jatindranath Swain (Member - Technical) considered the matters and issued a procedural order for scheduling.

Final Outcome

The Tribunal has listed both appeals for admission hearing after notice on 01 September 2026 under the caption 'For Admission (After Notice)'. This is a procedural order that schedules the matters for future hearing without making any determination on the merits of the appeals at this stage.

Topics: Insolvency Proceedings, NCLAT Appeals, Real Estate