Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai
Order Date: 16 July 2026
Case Overview
This is an appeal filed by S. Srinivasan, who is identified as a Personal Guarantor and Promoter of M/s. Sri Venkatram Spinners Pvt. Ltd. The appeal is against an order concerning the liquidation of the company. The respondent is Mr. Mahalingam Suresh Kumar, the Liquidator of M/s. Sri Venkatram Spinners Pvt. Ltd., along with four other respondents.
Final Outcome
The Appellate Tribunal has adjourned the hearing of the appeal. The order states that the matter is being released from the current bench due to two reasons: 1) the Member (Judicial), Justice Sharad Kumar Sharma, is on transfer to the Principal Bench of the NCLAT, and 2) due to a paucity of time, a judgment could not be dictated. The appeal has been rescheduled to be listed before a regular bench on 08 September 2026. No substantive ruling on the merits of the case was made in this order.
Topics: Insolvency Proceeding, NCLAT, Adjournment