Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: 09.06.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in Company Appeal (AT) (CH) (Ins) No. 626/2025. The appellant is Bank of Baroda. The respondents are Dinesh Kothari, Suspended Director of JKS The Banyaan Pvt. Ltd., and two others. The appeal arises from proceedings under the Insolvency and Bankruptcy Code. The order was passed in hybrid mode by a bench consisting of Justice Sharad Kumar Sharma, Member (Judicial), and Jatindranath Swain, Member (Technical). The appellant bank was represented by Advocate Ms. A. Vidya. The first and second respondents were represented by Advocate Mr. S. Adharsh, and the third respondent was represented by Advocate Mr. Dhanraj.
Final Outcome
The tribunal ordered that the appeal be listed for its next hearing on 30.07.2026. The hearing is to be conducted under the caption 'For Admission (After Notice)', indicating that the appeal will be considered for admission after formal notice has been issued to the respondents. This is a procedural order that postpones the substantive hearing of the appeal.
Topics: Insolvency Appeal, Banking Litigation, NCLAT Procedure