Authority: National Company Law Appellate Tribunal, Chennai (Justice N Seshasayee - Member (Judicial) and Jatindranath Swain - Member (Technical))
Order Date: 29 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed for hearing an appeal filed by Madhucon Infra Ltd against State Bank of India and seven other respondents. The appeal has been registered as Company Appeal (AT) (CH) (Ins) No. 63 of 2026 with an interlocutory application numbered IA No. 159 of 2026. The matter pertains to proceedings under the Insolvency & Bankruptcy framework. The appellant was represented by Advocate Ms. KVS Madhumita, while the first respondent (State Bank of India) was represented by Advocate Ms. Sushmitha.
Final Outcome
The bench has adjourned the hearing and listed the appeal for the next hearing on 27 November 2026. No substantive orders were passed on the merits of the case during this hearing, which was conducted in hybrid mode.
Topics: Insolvency Appeal, Banking Dispute, Tribunal Proceedings