Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai
Order Date: 30 June 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in Company Appeal (AT) (CH) (Ins) No. 30/2024. The appeal has been filed by Canara Bank, represented by its Chief Manager, against R. Aravindakshan Nair, who is the Liquidator of Lakeview Ayurvedic Resorts and Research Centre Pvt. Ltd. The appeal arises from proceedings under the Insolvency and Bankruptcy Code, 2016, specifically challenging an order related to the liquidation process of the corporate debtor, Lakeview Ayurvedic Resorts and Research Centre Pvt. Ltd. The matter was heard in hybrid mode by a bench comprising Justice Sharad Kumar Sharma (Member - Judicial) and Jatindranath Swain (Member - Technical).
Final Outcome
The Appellate Tribunal has listed the appeal for admission hearing (after notice) on 27 July 2026. This is a procedural order that does not decide the merits of the case but simply schedules the next hearing date for the appeal to be considered for admission.
Topics: Insolvency Appeal, Banking Litigation, NCLAT Procedure