Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai
Order Date: October 8, 2026
Case Overview
This order pertains to two connected Company Appeals filed before the NCLAT Chennai. The appellants are Prashanth Boorugu (Company Appeal (AT) (CH) (Ins) No. 374/2026) and Sarita Boorugu (Company Appeal (AT) (CH) (Ins) No. 375/2026). The sole respondent in both appeals is the State Bank of India & Anr. The nature of the proceedings is appellate jurisdiction concerning an insolvency matter (Ins), as indicated by the case number prefix. The background of the dispute and the principal allegations are not detailed in this procedural order. The order solely addresses the listing of the appeals.
Final Outcome
The Tribunal has adjourned the hearing for both appeals. The next date of listing is set for November 19, 2026. The Tribunal also directed that any interim order(s) already granted in these matters will continue to remain in operation until this next date of hearing.
Topics: Banking NPA, Legal Proceedings