Authority: National Company Law Appellate Tribunal, Chennai Bench (Justice N. Seshasayee, Member (Judicial) and Jatindranath Swain, Member (Technical))
Order Date: 01 September 2026
Case Overview
This is a procedural order from the National Company Law Appellate Tribunal (NCLAT) in Chennai. The appeal, registered as Company Appeal (AT) (CH) (Ins) No. 126/2021, has been filed by Indus Ind Bank Ltd. (Appellant) against IVRCL Ltd. and Another (Respondents). The case falls under the Appellate Tribunal's jurisdiction concerning matters under the Insolvency and Bankruptcy Code. The specific application being heard was IA No.1253/2026, which was filed within the main appeal. Advocates represented both parties: Ms. K. Bharathi for the Appellant (Indus Ind Bank) and Ms. Mily Ghoshal for the Liquidator representing the Respondents (IVRCL).
Final Outcome
The bench ordered the appeal to be listed next on 23 September 2026. No substantive decisions on the merits of the case were made in this order; it was purely a scheduling directive.
Topics: Corporate Insolvency, Banking Litigation