Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: 01.07.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard two connected insolvency appeals: Company Appeal (AT) (CH) (Ins) No. 482/2025 (with IA No. 1372/2025) filed by Shankar Suresh as appellant against Orix Leasing & Financial Services India Ltd. and another respondent, and Company Appeal (AT) (CH) (Ins) No. 483/2025 (with IA No. 1374/2025) filed by Pradeep Kumar Sekar as appellant against the same respondents. The appeals challenge proceedings involving Orix Leasing & Financial Services India Ltd. Representation included Mr. Pranav Gopalakrishnan for the appellants, Ms. M. Divya and Ms. Mano Ranjani for respondent 1 (Orix Leasing), and Mr. M. Rama Rao for respondent 2/Resolution Professional.
Final Outcome
The bench comprising Justice Sharad Kumar Sharma (Member Judicial) and Jatindranath Swain (Member Technical) postponed the admission hearing. Both appeals were listed for the next hearing on 24.07.2026 under the caption 'For Admission (After Notice)'.
Topics: Insolvency Proceedings, Legal Appeals