Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: June 9, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in Company Appeal (AT) (CH) (Ins) No. 216/2025. The appeal has been filed by K Paramasivam, a discharged director of Sri Maharaja Oil Imports and Exports India Pvt. Ltd., against R. Raghavendran, the Resolution Professional (now Liquidator) of the same company. The nature of the specific allegations or disputes is not detailed in this procedural order, which focuses solely on scheduling the next hearing.
Final Outcome
The two-member bench, comprising Justice Sharad Kumar Sharma (Member-Judicial) and Jatindranath Swain (Member-Technical), has listed the appeal for admission consideration after notice. The next hearing is scheduled for August 14, 2026. The outcome of the appeal itself is pending and will be determined at a future date.
Topics: Insolvency Appeal, NCLAT Procedure, Corporate Litigation