Sasisri Extractions NCLAT Case Adjourned After Respondent Death

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

Order Date: 03.08.2026

Case Overview

The appeal involves Sasisri Extractions Ltd and four other appellants versus M. Srinivasa Rao and six other respondents. During proceedings, the appellant's counsel submitted that the first respondent (M. Srinivasa Rao) has passed away. An application (IA No.1065/2023) has been taken to bring on record the legal representative of the deceased first respondent, though the papers are currently pending with the registry. The tribunal noted that both sides are required to submit their pointed notes of submission.

Final Outcome

The NCLAT Chennai Bench adjourned the hearing of Company Appeal (AT) (CH) No.77/2023 to 31.08.2026. The interim order previously granted in the case will continue to remain in force until the next date of listing. The bench comprised Justice N. Seshasayee (Member-Judicial) and Jatindranath Swain (Member-Technical).

Topics: Legal Proceedings, Corporate Dispute