NCLAT Lists Canara Bank Appeals Against Two Companies

Authority: National Company Law Appellate Tribunal, Chennai

Order Date: September 28, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order listing two connected insolvency appeals filed by Canara Bank. The appeals are registered as Company Appeal (AT) (CH) (Ins) No.152/2022 (with IA No.357/2022) and Company Appeal (AT) (CH) (Ins) No.154/2022 (with IA No.360/2022).

In Appeal No.152/2022, Canara Bank is the appellant against M/s. Vantage Machine Tools Private Limited as the respondent. In Appeal No.154/2022, Canara Bank is the appellant against M/s. Vijaya Durga Green Fields Private Limited as the respondent. Both appeals were represented by advocates, with Mr. M.L. Ganesh appearing for the appellant (Canara Bank) and Mr. Avinash Krishnan Ravi appearing for the respondents in both cases.

The order was passed in hybrid mode by a two-member bench consisting of Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical).

Final Outcome

The tribunal ordered that both appeals be listed for hearing on October 29, 2026. This is a procedural order for listing the matters and does not constitute a final decision on the merits of the appeals.

Topics: Insolvency Appeals, Banking Litigation, NCLAT Proceedings