Swan LNG NCLAT Appeal Hearing Adjourned to 2027

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

Order Date: November 6, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai is hearing Company Appeal (AT) (CH) (Ins) No.151 of 2024, filed by M/s. Swan LNG Pvt. Ltd. as the appellant. The respondents in the case are Mr. Krishna Komaravolu, who serves as the Resolution Professional of Mantovani Di Dharti Pvt. Ltd., along with four other respondents. The appeal arises from corporate insolvency resolution proceedings involving Mantovani Di Dharti Pvt. Ltd., where Swan LNG is challenging actions or decisions taken by the resolution professional.

Final Outcome

The NCLAT bench has adjourned the hearing of this appeal to January 13, 2027. The order notes that there was no appearance from either the appellant (Swan LNG Pvt. Ltd.) or the respondents during the hearing on November 6, 2026. The matter remains pending before the tribunal for further consideration on the new hearing date.

Topics: Corporate Insolvency, NCLAT Proceedings