Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: 05 November 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard Company Appeal (AT) (CH) (Ins) No. 150/2026 with connected IA No. 461/2026. The appeal involves VAR Electrochem Pvt Ltd as the appellant (auction purchaser) versus The Commissioner, Telangana Industrial Infrastructure Corporation Ltd. & Anr. as respondents. During the hearing, the appellant was represented by Advocate Ms. Aishwarya Nandiwada, while there was no appearance from the respondents.
Final Outcome
The Tribunal adjourned the appeal hearing to 4 January 2027, listing it under the caption 'For Orders'. The interim order previously granted by the Tribunal will continue to operate until the next date of hearing.
Topics: NCLAT Proceedings, Legal Adjournment