NCLAT Chennai adjourns multiple interconnected insolvency appeals to 19 November 2026 for settlement negotiations.
Parties report ongoing efforts to resolve implementation issues regarding Puissant Global's resolution plan.
Union Bank representing CoC confirms lenders' joint meeting and willingness to consider appellant's proposal.
All existing interim orders continue until next hearing date while settlement discussions proceed.
NCLAT Adjourns Multiple Insolvency Appeals for Settlement
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