Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai
Order Date: November 2, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard two connected insolvency appeals filed by Indian Bank as the Appellant. The appeals are numbered Company Appeal (AT) (CH) (Ins) No. 582/2026 (with IA No. 1634/2026) and Company Appeal (AT) (CH) (Ins) No. 583/2026 (with IA No. 1635/2026).
In Appeal No. 582/2026, the Respondents are Suman Mahendra Kumar Singhi & 6 Others. In Appeal No. 583/2026, the Respondents are Mr. Mahendra Kumar Singhi & 6 Others. The Appellant, Indian Bank, was represented by Advocate Mr. M.L. Ganesh. The Respondents were represented by Senior Advocate Mr. Vaibhav Gaggar, along with Advocate Mr. Mayan H Jain for Respondent No. 1 (R1). The bench comprised Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical).
The order is a procedural one, dealing solely with the scheduling of the hearing. The Tribunal did not hear the matter on its merits on this date.
Final Outcome
The Tribunal adjourned both appeals and listed them for the next hearing on November 4, 2026. The existing interim order, the specifics of which are not detailed in this excerpt, was directed to continue in force until the next date of hearing. The substantive issues of the appeals remain pending for adjudication.
Topics: NCLAT, Insolvency Appeal, Banking