Authority: National Company Law Appellate Tribunal (NCLAT), Chennai Bench
Order Date: June 10, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT), Chennai bench, comprising Justice Sharad Kumar Sharma (Member - Judicial) and Jatindranath Swain (Member - Technical), heard three connected appeals filed by Bank of India. The appellant, Bank of India, has filed appeals against the respondent, Immaneni Eswara Rao, who is the Liquidator for two corporate debtors: M/s. Nithin Proteins Private Limited and M/s. Nithin Grains and Mills Private Limited. The appeals are identified as Company Appeal (AT) (CH) (Ins) No. 477/2024 (with IA No.1315/2024) concerning Nithin Proteins, and Company Appeal (AT) (CH) (Ins) No. 32/2025 (with IA No.120/2025) and No. 33/2025 (with IA No.122/2025) concerning Nithin Grains and Mills. The nature of the disputes or the specific grounds for the appeals against the liquidator's actions are not detailed in the provided procedural order. The matter was heard in hybrid mode.
Final Outcome
The NCLAT bench did not make any substantive ruling on the merits of the appeals. The tribunal issued a procedural order, adjourning the hearing and listing all three connected company appeals for the next admission hearing (after notice) on August 14, 2026. The order is purely administrative, setting a future date for the proceedings to continue.
Topics: Insolvency Litigation, Banking Sector, NCLAT