Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: 16 July 2026
Case Overview
The National Company Law Appellate Tribunal at Chennai heard Company Appeal (AT) (CH) (Ins) No. 629/2025 between M/s. SGK Agencies Pvt Ltd (Appellant) and M/s. Bremels Rubber Industries Pvt Ltd & Anr. (Respondents). The appeal arises from insolvency proceedings. Representing the appellant was Mr. VV. Sivakumar, Advocate, while the respondents were represented by Mr. Abhishek Sriram, Advocate for R2, with Mr. Adith Jahgirdar, Advocate appearing for an intervenor.
The Tribunal noted that one of its members, Member (Judicial) Justice Sharad Kumar Sharma, is being transferred to the Principal Bench of the Appellate Tribunal. Due to this transfer and paucity of time, the judgment in this matter could not be dictated.
Final Outcome
The matter was released to be listed before a regular bench without any substantive ruling on the merits of the case. The appeal has been adjourned and is now scheduled to be listed on 16 September 2026 for hearing before the regular bench.
Topics: Insolvency Appeal, NCLAT Procedure, Adjournment