Sembmarine Kakinada Ltd, through its liquidator Vedagiri Venkata Krishnamurthy, filed an appeal against Andhra Pradesh Maritime Board & Anr. The appeal contested an order dated 2022-07-04 passed by the Adjudicating Authority (National Company Law Tribunal, Amravati Bench), which ordered the liquidator to maintain the status quo based on an application filed by Andhra Pradesh Maritime Board (Respondent No. 1). The Adjudicating Authority was scheduled to consider the 'For stay' application on 2022-07-22. Counsels for both parties presented arguments regarding the appeal and the maintainability of the application. The court aimed to ensure a prompt decision on the application by the Adjudicating Authority.

Sembmarine Kakinada Ltd, through its liquidator Vedagiri Venkata Krishnamurthy, filed an appeal against Andhra Pradesh Maritime Board & Anr. The appeal contested an order dated 2022-07-04 passed by the Adjudicating Authority (National Company Law Tribunal, Amravati Bench), which ordered the liquidator to maintain the status quo based on an application filed by Andhra Pradesh Maritime Board (Respondent No. 1). The Adjudicating Authority was scheduled to consider the 'For stay' application on 2022-07-22. Counsels for both parties presented arguments regarding the appeal and the maintainability of the application. The court aimed to ensure a prompt decision on the application by the Adjudicating Authority.