Baron Infotech532336CIRP or IBC
Two fresh NCLAT appeals and an I.A. by the SRA; hearings on November 5 and 6, 2026
Two more appeals (Nos.
By ScoutQuest · · 2 min read
- Appeal Numbers
- Comp App (AT) (CH) (Ins) No. 577/2026 and Comp App (AT) (CH) (Ins) No. 579/2026
- Related Appeal
- Appeal No. Comp App (AT) (CH) (Ins) No. 516/2026
- Hearing Schedule
- RP's submissions partly heard on Nov 3, 2026; further hearings on Nov 5 and Nov 6, 2026
What the company told the exchange
- Baron Infotech Ltd, described in the update as being under CIRP, informed BSE about developments in appeals pending before the Hon'ble NCLAT, Chennai Bench.
- Mr. Vivek Kumar Ratakonda shared two further appeals — Comp App (AT) (CH) (Ins) No. 577/2026 and Comp App (AT) (CH) (Ins) No. 579/2026 — in continuation of his Appeal No. Comp App (AT) (CH) (Ins) No. 516/2026.
- Innopark (India) Private Limited, described in the update as the SRA, shared an I.A. (an interim application) in Comp App (AT) (CH) (Ins) No. 516/2026.
- These appeals were heard together with Appeal No. 516/2026 on November 3, 2026.
Plain-English meaning
- NCLAT is the National Company Law Appellate Tribunal, the appellate body that hears challenges arising from insolvency matters decided by the NCLT.
- An appeal is a challenge shared before a higher forum. An I.A. is an interim application made within a case that is already pending.
- "SRA" stands for Successful Resolution Applicant — the party whose resolution plan is taken forward under the corporate insolvency resolution process (CIRP).
What happens next
- The submissions of the Resolution Professional, through his legal counsel in Appeal No. Comp App (AT) (CH) (Ins) No. 516/2026, were partly heard on November 3, 2026.
- Further submissions of the Resolution Professional will be heard on November 5, 2026, and these will include the submissions of Innopark (India) Private Limited as SRA.
- Further submissions by the appellant will be heard on November 6, 2026.
How to read this update
- The update sets out the appeals and the interim application that have been shared, and the dates on which submissions before the NCLAT will be heard.
- It is signed by CS Dr Ahalada Rao Vummenthala in the capacity of Erstwhile Resolution Professional and Chairperson, Monitoring Committee.
- The listed dates are the next steps in the matter, and the NCLAT proceedings continue before the Chennai Bench.
Also from Baron Infotech
Monitoring Committee approves statutory and compliance matters; notes NCLAT interim orders in applicant's appeal
23 Oct 2026
Monitoring Committee's 4th meeting convened for October 22, 2026 to discuss NCLAT interim orders
19 Oct 2026
NCLT takes on record 1st quarterly Monitoring Committee report on Resolution Plan implementation
16 Oct 2026
Source: BSE · 3 Nov 2026
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