Authority: National Company Law Appellate Tribunal, Chennai Bench

Order Date: 08 September 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai heard two connected appeals filed by HDB Financial Services Limited. The first appeal (Company Appeal (AT) (CH) (Ins) No. 320/2025) was against respondents Srinivas Dande and two others. The second appeal (Company Appeal (AT) (CH) (Ins) No. 321/2025) was against respondents Aruna Kanchana and two others. Both matters are insolvency-related proceedings under the appellate jurisdiction of NCLAT. The appeals were represented by Mr. Balamurugan, Advocate for the appellant (HDB Financial Services Limited), and Mr. TN Chandrassekar, Advocate for the second respondent in the matters.

Final Outcome

The bench comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical) issued a procedural order adjourning both appeals. The matters have been listed for next hearing on 25th November 2026. No substantive rulings or decisions on the merits of the cases were made in this order.

Topics: NCLAT Proceedings, Insolvency Appeals, Financial Services