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

Order Date: August 24, 2026

Case Overview

The National Company Law Appellate Tribunal at Chennai heard Company Appeal (AT) (CH) (Ins) No. 350/2024 with IA No. 958/2024. The appellant is Veerabhadrappa Girish, who is identified as the Suspended Director of M/s. SL Residential Layout Pvt. Ltd. The respondents are Aditya H Chokshi Family Trust and another party. Representation included Mr. J. Ayush Pungaliya, Advocate for the Appellant; Mr. K M Vishakh Nag, Advocate for Mr. A. Murali, Advocate for Respondent 2; and Mr. P. Giridharan for an Intervenor. The tribunal conducted the proceedings in hybrid mode.

Final Outcome

The NCLAT bench adjourned the appeal and listed it for the next hearing on August 25, 2026. The court specifically ordered that any existing interim order would continue to operate until the next date of listing. No final decision on the merits of the case was rendered in this order.

Topics: Corporate Insolvency, Director Appeals, Tribunal Proceedings