Authority: National Company Law Appellate Tribunal, Chennai Bench (Justice Yogesh Khanna - Officiating Chairperson and Jatindranath Swain - Member (Technical))
Order Date: October 9, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai is hearing eight consolidated appeals (Company Appeal (AT) (CH) (Ins) Nos. 522/2026 to 529/2026) filed by SS Rail Works Pvt Ltd, represented by its Chief Executive Officer A Srinivasulu Reddy. The appellant is challenging orders that rejected its claims for work performed as a subcontractor to VNR Infrastructure Ltd, which is currently under liquidation represented by Liquidator TSN Raja.
The core grievance stems from the liquidator's rejection of SS Rail Works' claims for payment for work completed as a subcontractor. The rejection was based on the grounds that VNR Infrastructure Ltd (the corporate debtor) had been sold as a going concern, which the appellant contests as invalid reasoning for dismissing their legitimate claims for work performed.
Final Outcome
The NCLAT has admitted all eight appeals and scheduled the next hearing for November 23, 2026. The respondent's counsel, Mr. T. Ravichandran, has been directed to file counters to the respective appeals, while the appellant may file rejoinders if desired. Both parties are required to submit short notes of their legal submissions before the next hearing date. The matter remains pending before the tribunal for substantive hearing.
Topics: Insolvency Claims, Subcontractor Rights, Liquidation Proceedings