Authority: National Company Law Appellate Tribunal, Chennai
Order Date: 18 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard Company Appeal (AT) (CH) (Ins) No. 603/2025 with IA No. 1688/2025. The appellant is Indian Bank, appealing against AR Ramasubramania Raja in his capacity as the Liquidator of Sri Karunambikai Mills Pvt. Ltd. There was no appearance recorded for the appellant (Indian Bank) during this hearing. Mr. AG Sathyanarayana, Advocate, appeared for the respondent (the Liquidator).
Final Outcome
The tribunal adjourned the hearing and listed the appeal for the next hearing on 13 October 2026 under the caption 'For Hearing'. The bench, comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical), ordered that any interim order previously passed by the tribunal shall continue to remain in effect until the next date of hearing.
Topics: NCLAT, Insolvency, Banking