Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee - Member (Judicial) and Jatindranath Swain - Member (Technical))
Order Date: 01 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed an appeal filed by IndusInd Bank Ltd against IVRCL Ltd and another respondent for hearing. The case involves Company Appeal (AT) (CH) (Ins) No. 126/2021 with interconnected application IA No. 224/2021. The proceedings were conducted in hybrid mode with legal representation from both parties - Ms. K. Bharathi (advocate for Mr. R Imayavaramban) representing the appellant IndusInd Bank, and Ms. Mily Ghoshal representing the liquidator for the respondents.
Final Outcome
The appellate tribunal has scheduled the next hearing for this appeal on 23 September 2026. No substantive decisions or rulings were made in this order, which serves solely to list the matter for future hearing.
Topics: Insolvency Appeal, Banking Litigation, NCLAT Proceedings