Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: 30 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard a procedural matter (IA No. 1733/2025) within Company Appeal (AT) (CH) (Ins) No. 624/2025. The appeal involves S. Venkataraman, Suspended Director of Shriram Land Development Pvt. Ltd. as the Appellant, versus Krishnaswamy Vasudevan, the Resolution Professional of Shriram Land Development Pvt. Ltd. and three other Respondents. The matter concerns an insolvency proceeding related to Shriram Land Development Pvt. Ltd.
Final Outcome
The bench, comprising Justice N. Seshasayee (Member-Judicial) and Jatindranath Swain (Member-Technical), found the quality of the Affidavit of Service filed to be inconvenient. The Tribunal directed the Appellant to refile the affidavit. The appeal was listed for its next hearing on 5 November 2026.
Topics: Insolvency Appeal, NCLAT Procedure