# In the matter of Nandamuri Meenalatha vs. The Cotton Corporation of India Ltd & Anr.

> NCLAT judgment dated 2025-07-24. Citation: TCN-2025-NCLAT-00435. The matter pertains to Company Appeal (AT) (CH) (Ins) No.129/2022 before the National Company…

- **Court:** NCLAT
- **Order date:** 24 Jul 2025
- **Citation:** TCN-2025-NCLAT-00435
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-chennai/nandamuri-meenalatha-vs-the-cotton-corporation-of-india-ltd-anr-f9cccf22

## Summary

### Background

The matter pertains to Company Appeal (AT) (CH) (Ins) No.129/2022 before the National Company Law Appellate Tribunal at Chennai.

## Facts

The matter is listed under the head 'Requests for adjournments will not be entertained for the matters listed under this caption'.

The Learned Counsels for the Parties made a joint statement that the parties are venturing into the process of settlement.

The parties are venturing into the settlement dispute outside the Tribunal.

The Company Appeal is directed to be listed in the second week of August.

The earlier Interim Order, if any, granted by this Tribunal, shall continue till the next date of hearing.

## Issues and analysis

### Issue 1: Whether the matter should be adjourned to allow for …

**Ratio:** The Learned Counsels for the Parties made a joint statement that the parties are

…

**Reasoning:** The Tribunal acknowledges the parties' intent

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**Interpretation:** The Tribunal is inclined to provide

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**Application:** The case is adjourned to be listed

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## Parties

- **Judges:** Sharad Kumar…; Jatindranat…
- **Appellants:** Nandamuri…; Erst. Director of…
- **Respondents:** Vantage Spinners…; The Cotton…
- **Advocates:** Avinash Krishnan…; Anirudh Kr…

## Timeline

- **2025-07-24 — Order Da…**: The Tribunal acknowledges the parties' intent…
- **2025-08-11 — Next Listin…**: The Company Appeal is directed…

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