Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai

Order Date: 30 September 2026

Case Overview

This is an insolvency appeal (Company Appeal (AT) (CH) (Ins) No.521/2025) filed by Ramkumar Reddy Satty, the Managing Director of T & R Auto Pvt. Ltd., against Kotak Mahindra Bank Ltd. and two other respondents. The appeal arises from proceedings under the insolvency framework. The tribunal, comprising Justice N Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical), was hearing the matter in hybrid mode.

Final Outcome

The NCLAT listed the appeal for a hearing on the interim order on 18 December 2026. The bench explicitly ordered that the existing interim order in the case shall continue until the next date of hearing. The appeal remains pending for further consideration.

Topics: NCLAT, Corporate Insolvency