Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: October 30, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard two connected insolvency appeals filed by Dr. K. Shashidhar against Central Bank of India and another respondent. The appeals are numbered Company Appeal (AT) (CH) (Ins) No.147/2025 (with IA Nos.397 & 398/2025) and Company Appeal (AT) (CH) (Ins) No.148/2025 (with IA No.399/2025). The appellant was represented by advocate Mr. Hasthisha Desikan, while respondent Central Bank of India was represented by advocate Mr. D. Ebenezar Inbaraj. The tribunal bench consisted of Justice N. Seshasayee (Member-Judicial) and Jatindranath Swain (Member-Technical).
Final Outcome
The NCLAT adjourned both appeals to December 14, 2026, for further hearing. The tribunal ordered that the existing interim order would continue to operate until the next date of listing. This content may not be financially relevant as it pertains solely to procedural scheduling of legal appeals without substantive financial or regulatory determinations.
Topics: NCLAT Proceedings, Banking Dispute