Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: 10 June 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in two linked insolvency appeals. The appeals, registered as Company Appeal (AT)(CH)(Ins) No. 27/2025 and Company Appeal (AT)(CH)(Ins) No. 28/2025, were filed by the Appellant, VRSA Consultancy LLP. The Respondents in both appeals are Chokkalingam Pillai, identified as an Ex-Director of Nag Yang Shoes Pvt. Ltd., and one other respondent. The order was passed in a hybrid mode hearing. Representation for the Appellant was by Advocate Ms. Ritu Aggarwal. Representation for Respondents 1 and 2 was by Advocate Ms. Aiswaria.
Final Outcome
The tribunal bench, comprising Member (Judicial) Justice Sharad Kumar Sharma and Member (Technical) Jatindranath Swain, did not rule on the merits of the case. The final outcome of this order is purely procedural: both appeals are listed for a future hearing on 14 August 2026, under the caption 'For Hearing'. No findings on allegations, penalties, or substantive legal questions were made in this order.
Topics: Insolvency Appeal, Hearing Scheduling