Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: 5 October 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard matters related to Company Appeal (AT)(CH)(Ins) No. 310/2026 and two interconnected applications (IA No. 877/2026 and IA No. 878/2026). The appellant is Bank of Maharashtra, and the respondents are MVK Sunil Kumar and two others. The matter appears to be an appeal against an order related to insolvency proceedings. During the hearing, Advocate Ms. K. Varshini represented the appellant bank. There was no appearance recorded for the respondents.
Final Outcome
The bench comprising Justice N Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical) adjourned the matter and listed it for the next hearing on 23 November 2026. The order was passed in hybrid mode.
Topics: Banking Litigation, Insolvency Appeal, NCLAT Proceedings