Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: June 22, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed three interconnected company appeals for hearing on August 5, 2026. The appeals involve HDFC Ltd (now known as HDFC Bank Ltd) as the appellant in two cases (Company Appeal (AT) (CH) (Ins) No.468/2025 and No.469/2025) and Usha K Jolly Charitable Trust as appellant in the third case (Company Appeal (AT) (CH) (Ins) No.470/2025). The respondents in all appeals include S. Amarendran in his capacity as Resolution Professional of Sabari Realtors Pvt Ltd, along with other parties.
The appeals challenge orders related to the corporate insolvency resolution process of Sabari Realtors Pvt Ltd. The matters were heard in hybrid mode by a bench comprising Justice Sharad Kumar Sharma (Member Judicial) and Jatindranath Swain (Member Technical).
Final Outcome
The NCLAT has adjourned all three appeals and listed them for admission hearing (after notice) on August 5, 2026. The appeals will be considered under the caption 'For Admission (After Notice)'. No substantive hearing or decision on merits has taken place at this stage.
Topics: Insolvency Proceedings, Banking Litigation, Real Estate NPA