Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: 31 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard IA No. 924/2026 in Company Appeal (AT) (CH) (Ins) No. 319/2026. The appellants are Smt. Kampalapura Narasimaiah Jayalakshmi, Additional Director of M/s. Vistara Media Pvt Ltd, along with two other appellants. The respondents are M/s. Vistara Media Pvt Ltd and another respondent. The matter involves corporate insolvency proceedings under the appellate jurisdiction of NCLAT. The bench comprised Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical).
Final Outcome
The NCLAT reserved its order in the matter and directed both sides to submit their pointed notes of submissions for the tribunal's consideration. The case was heard in hybrid mode, indicating a combination of physical and virtual hearing.
Topics: Corporate Insolvency, NCLAT Proceedings