Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: July 10, 2026
Case Overview
The Telangana State Southern Power Distribution Co. Ltd. has filed Company Appeal (AT) (CH) (Ins) No.192/2021 against Nethi Mallikarjuna Shetty, who serves as the Resolution Professional of M/s. Techtran Polylenses Ltd. The appeal challenges proceedings or orders related to the insolvency resolution process of Techtran Polylenses Ltd. The matter was heard in hybrid mode with legal representation from both parties: Mr. Dhanesh (advocate for Ms. Vindhya Vasini) representing the appellant, and Mr. Indraprateek Naidu (advocate for Mr. Shabeer Ahmed) representing the second respondent.
Final Outcome
The NCLAT bench comprising Justice Sharad Kumar Sharma (Member Judicial) and Jatindranath Swain (Member Technical) has scheduled the next hearing for September 9, 2026. The appeal will be listed under the caption 'For Admission (After Notice)', indicating that the tribunal will consider whether to admit the appeal for hearing after formal notice is served to the respondents. No substantive decision on the merits of the case has been made in this order.
Topics: Insolvency Appeal, Power Sector Dispute, NCLAT Proceedings