Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: 23 June 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in Company Appeal (AT) (CH) (Ins) No. 399/2025. The appeal has been filed by Bank of Baroda as the appellant against respondents Rayapati Sambasiva Rao & Anr. The order was passed in hybrid mode with both parties represented by legal counsel - Mr. VVSN. Raju for the appellant and Mr. ML. Narasimham for the first respondent.
Final Outcome
The NCLAT bench comprising Justice Sharad Kumar Sharma (Member Judicial) and Jatindranath Swain (Member Technical) has scheduled the appeal for hearing on 27 August 2026. The matter has been listed under the caption 'For Admission (After Notice)', indicating this will be the next procedural step in the appeal process following service of notice to the respondents.
Topics: NCLAT Procedure, Banking Litigation