Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai, Appellate Jurisdiction
Bench: Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical)
Order Date: 13 August 2026
Case Overview
This order pertains to two connected Company Appeals filed by Dr. K. Shashidhar against Central Bank of India and another respondent. The appeals are registered as Company Appeal (AT) (CH) (Ins) No.147/2025 (with IA Nos.397 & 398/2025) and Company Appeal (AT) (CH) (Ins) No.148/2025 (with IA No.399/2025). The nature of the underlying dispute is related to insolvency proceedings, though the specific details of the original order being appealed are not elaborated upon in this procedural update. An interim order was previously granted in favor of the appellant on 12 March 2025, providing some form of protective relief pending the final hearing of the appeals.
Final Outcome
The bench listed both matters for a hearing concerning the interim order on 12 October 2026. Crucially, the tribunal ordered that the interim protection granted to the appellant on 12 March 2025 will continue to operate until the next date of hearing. This means the status quo or protective measures established by the earlier order remain in force for the appellant until at least October 2026.
Topics: NCLAT, Interim Relief, Insolvency Appeal