Authority: National Company Law Appellate Tribunal, Chennai (Justice N Seshasayee - Member (Judicial) and Jatindranath Swain - Member (Technical))

Order Date: October 7, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed two connected insolvency appeals for hearing on December 23, 2026. The appeals are Company Appeal (AT) (CH) (Ins) No. 286/2025 (with IA Nos. 799, 800 & 1755/2025) filed by Basheer Ahamad VK and Company Appeal (AT) (CH) (Ins) No. 287/2025 (with IA Nos. 801, 802 & 1756/2025) filed by Arun Kumar K. Both appeals are directed against The Federal Bank Ltd. and another respondent. The appellants are represented by advocates Ms. Jayalakshmi and Ms. S Majula Devi, while The Federal Bank Ltd. (Respondent 1) is represented by advocates Mr. Avinash Krishnan Ravi and Ms. Apoorva.

Final Outcome

The tribunal issued a procedural order adjourning both appeals to December 23, 2026 under the caption 'For Hearing'. The order does not address the substantive merits of the appeals or provide any rulings on the underlying insolvency matters. The case remains pending for future hearing.

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