Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee, Member (Judicial) and Jatindranath Swain, Member (Technical))
Order Date: 29 June 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in two connected appeals filed by Canara Bank. The appeals are registered as Company Appeal (AT) (CH) (Ins) No.152/2022 (against Vantage Machine Tools Pvt. Ltd.) and Company Appeal (AT) (CH) (Ins) No.154/2022 (against Vijaya Durga Green Fields Pvt. Ltd.). The order does not disclose the nature of the underlying dispute or the proceedings from which these appeals arise. The tribunal noted the representation of advocates for both parties: Mr. ML Ganesh for the appellant (Canara Bank) and Mr. Avinash Krishnan Ravi & Mr. Jerin Asher Sojan for the respondents.
Final Outcome
The bench has listed both appeals for hearing on 21 August 2026 under the caption 'For Hearing'. This is a scheduling order that does not contain any substantive ruling, findings on merits, penalties, or directions. The matter remains pending for a future hearing.
Topics: NCLAT, Insolvency Appeals, Banking Litigation