Authority: National Company Law Appellate Tribunal, Chennai
Order Date: 24 June 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard a procedural matter in Company Appeal (AT) (CH) (Ins) No.30/2024. The appeal was filed by Canara Bank, represented by its Chief Manager, against R. Aravindakshan Nair, who is the Liquidator of Lakeview Ayurvedic Resorts and Research Centre Pvt. Ltd. The hearing was conducted in hybrid mode with legal counsel present for both parties. Mr. Akhil Suresh, Advocate, appeared for the Appellant (Canara Bank), and Mr. Jerin Asher Sojan, Advocate, appeared for the Respondent (the Liquidator).
Final Outcome
The Tribunal, comprising Justice Sharad Kumar Sharma (Member - Judicial) and Jatindranath Swain (Member - Technical), adjourned the hearing of the appeal. The matter was relisted for the next hearing on 30 June 2026, as prayed for by the Learned Counsel for the Respondent.
Topics: NCLAT Proceeding, Insolvency Appeal, Hearing Adjournment