Bank of Maharashtra NCLAT Appeal Adjourned to November

Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)

Order Date: 18 August 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai is hearing two connected appeals filed by Bank of Maharashtra. The appeals are registered as Company Appeal (AT) (CH) (Ins) No.130/2024 and Company Appeal (AT) (CH) (Ins) No.132/2024. The appellant, Bank of Maharashtra, is appealing against Kambhammettu Sri Vamsi, who is the Resolution Professional of M/s. Mantena Laboratories Ltd. The appeals also involve two other respondents (denoted as R2). The legal representation includes Ms. Chandini advocating for the appellant (Bank of Maharashtra) and Mr. Rohan Rajasekaran advocating for the first respondent (the Resolution Professional).

Final Outcome

The NCLAT bench, comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical), passed an order to adjourn the hearing. Both appeals have been listed for hearing on 3 November 2026 under the caption 'For Hearing'. The order was passed in hybrid mode.

Topics: Corporate Insolvency, Banking Litigation, NCLAT Proceedings