Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: September 29, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in Company Appeal (AT) (CH) (Ins) No.427/2025. The appeal involves Venkat Narasinga Rao Kalvakota, who appears to be acting in the capacity of a Resolution Professional (RP), as the appellant against Union Bank of India as the respondent. The nature of the underlying dispute is not detailed in this specific order, but it falls within the tribunal's insolvency appellate jurisdiction.
Final Outcome
The bench, comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical), has adjourned the hearing. Both parties have been directed to submit their notes of submission. The matter has been listed for the next hearing on October 7, 2026. This is a procedural order that does not decide the merits of the case but sets the timeline for further submissions.
Topics: Insolvency Appeal, Banking Litigation