Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee, Member (Judicial) and Jatindranath Swain, Member (Technical))

Order Date: 27 August 2026

Case Overview

This appeal challenges an order from the Adjudicating Authority (NCLT) in a contempt application filed by the liquidator of Gonugunta Murali Butta Infrastructure Pvt Ltd. The liquidator alleged that the appellant, Siva Neelakanta Butta, failed to share certain information and documents as required by a previous NCLT order. The appellant contends that the specific documents claimed by the liquidator were not maintained by the company and that all available information has already been provided. The matter was heard in hybrid mode with representation from both parties.

Final Outcome

The NCLAT granted an interim stay on the sentence of imprisonment imposed on the appellant by the NCLT. The matter has been adjourned and listed for next hearing on 11 September 2026 to allow the liquidator's counsel time to prepare, owing to their non-availability during this hearing.

Topics: NCLAT Appeal, Contempt Proceedings, Corporate Liquidation