Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai, comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical)
Order Date: 18 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard two linked insolvency appeals. Company Appeal (AT) (CH) (Ins) No.323/2022 was filed by Mr. Naseer Ahmed against M/s. State Bank of India. Company Appeal (AT) (CH) (Ins) No.19/2023 was filed by Mr. Awaiz Ahmed against the same respondent, State Bank of India. The nature of the proceedings and the specific details of the underlying insolvency dispute are not detailed in this procedural order. The appeals were presented before the tribunal in hybrid mode.
Final Outcome
The tribunal did not rule on the merits of the cases. The bench ordered both appeals to be listed for a future hearing on 25th September 2026. This is a procedural adjournment.
Topics: Insolvency Appeal, Banking Dispute, NCLAT