Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai, Bench comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical)
Order Date: August 18, 2026
Case Overview
This is a procedural order in Company Appeal (AT) (CH) (Ins) No. 603/2025, with connected Interlocutory Application No. 1688/2025. The appellant is Indian Bank. The respondent is AR Ramasubramania Raja in his capacity as the Liquidator of Sri Karunambikai Mills Pvt. Ltd. The nature of the underlying dispute is not detailed in this specific order, but it pertains to the liquidation process of the said company. During this hearing, there was no appearance from counsel for the appellant (Indian Bank). Counsel for the respondent, Mr. AG Sathyanarayana, Advocate, was present.
Final Outcome
The Tribunal adjourned the hearing of the appeal and listed it next on October 13, 2026, under the caption 'For Hearing'. The order explicitly states that until that next date of hearing, any interim order that had been previously passed by the Tribunal shall continue to remain in force.
Topics: NCLAT, Insolvency, Banking