Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: 31 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has adjourned hearing in Company Appeal (AT) (CH) (Ins) No. 611/2025, which involves M/s. Core Hotels Ventures Pvt. Ltd. (represented by its Director Mr. Laxmi Narayan Sharma) as the Appellant versus Bank of Baroda and three other Respondents. The appeal arises from insolvency proceedings. Multiple Interlocutory Applications (IA Nos. 1702/2025, 1703/2025, 1704/2025 & 314/2026) are also pending in relation to this matter.
The Appellant was represented by Senior Advocate Ms. Madhavi Divan along with advocates Mr. K. Mohit Kumar, Ms. Praneetha, and Ms. Manasvi Reddy J. Respondent 1 (Bank of Baroda) was represented by advocates Mr. Pankaj Vivek and Mr. Tarun Kumar. Respondent 2 was represented by Senior Advocates Dr. Abhishek Manu Singhvi and Mr. P.H. Arvindh Pandian, along with a large team of advocates. Respondent 4 was represented by Mr. Manoj Kumar Koyalkar, PCS.
The bench comprised Justice Sharad Kumar Sharma (Member - Judicial) and Jatindranath Swain (Member - Technical).
Final Outcome
The Tribunal adjourned the matter to 21 August 2026 at 2:00 PM. It directed all counsels representing the parties to ensure exchange of written submissions before the next hearing date.
Topics: Insolvency Appeal, Banking Dispute, Legal Proceedings