Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: October 6, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard three interconnected Company Appeals (AT)(CH)(Ins) Nos. 468/2025, 469/2025, and 470/2025. The appeals involve HDFC Ltd (now known as HDFC Bank Ltd) as the appellant in the first two appeals, and Usha K Jolly Charitable Trust as the appellant in the third appeal. The common respondent in these matters is S. Amarendran, the Resolution Professional for Sabari Realtors Pvt Ltd. The appeals challenge orders related to the corporate insolvency resolution process of Sabari Realtors Pvt Ltd.
Final Outcome
The NCLAT bench comprising Justice N. Seshasayee (Member Judicial) and Jatindranath Swain (Member Technical) adjourned the hearing of all three appeals to November 25, 2026, at 12:00 PM. The adjournment was granted because one member of the bench (Member Judicial) was mildly indisposed. The tribunal ordered that any existing interim orders would continue to remain in force until the next date of listing.
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