Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: 15 June 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in Company Appeal (AT) (CH) (Ins) No.189/2023. The appeal has been filed by Dr. Devaiah Pagidipati (Appellant) against Bank of India and four other respondents. The nature of the underlying dispute appears to relate to insolvency proceedings, though the specific details of the challenged order are not elaborated in this procedural update. The matter was heard in hybrid mode with legal representation present for all parties: Ms. Devangi, PCS appearing for the appellant (through Mr. Y. Suryanarayana, Advocate), Mr. FB. Benjamin for respondent 1 (Bank of India), Mr. Pranav Charan for respondent 2, and Ms. Asmaa (through Mr. Varun Srinivasan, Advocate) for respondent 4.
Final Outcome
The bench comprising Justice Sharad Kumar Sharma (Member-Judicial) and Jatindranath Swain (Member-Technical) has adjourned the hearing of the appeal. The matter has been listed next on 20 August 2026 under the specific caption 'For Admission (After Notice)', indicating that the next hearing will consider the admission of the appeal after formal notice has been served to respondents.
Topics: Insolvency Appeal, Banking Dispute, NCLAT Proceeding