Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: August 10, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed an appeal filed by Axis Bank Ltd. for hearing on October 9, 2026. The appeal is registered as Company Appeal (AT) (CH) (Ins) No.176/2024 and includes two interim applications (IA Nos. 475 & 476/2024).
The appeal involves Axis Bank Ltd. as the appellant against R. Venkatakrishnan, who is identified as the Resolution Professional of St. John Freight Systems Ltd. The order represents a procedural step in ongoing insolvency proceedings, though the specific nature of the dispute or allegations is not detailed in this scheduling order.
The bench hearing the matter consists of Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical). Legal representation includes Mr. VV Sivakumar, Advocate for the appellant (Axis Bank Ltd.), and Ms. Niveditha Narayanan, Advocate for Mr. TK Bhaskar, Advocate representing the respondent.
Final Outcome
The tribunal has scheduled the appeal for hearing on October 9, 2026, under the caption 'For Hearing'. This is a procedural order that advances the case to the next stage of judicial consideration without determining the substantive merits of the appeal.
Topics: Insolvency Appeal, Banking Sector, NCLAT Proceedings