Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: 07.10.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard Company Appeal (AT) (CH) (Ins) No. 547/2025 along with interim applications IA Nos. 1532 & 1533/2025. The appeal was filed by P. Narotham Rao, described as the Erstwhile Director of Pravista Infra Pvt. Ltd., against respondents Indian Bank & Anr. The nature of the proceedings involves insolvency matters, as indicated by the case numbering convention. During the hearing on 07.10.2026, there was no appearance recorded for the appellant. The respondents were represented by advocates Mr. Frank (for Mr. Pranava Charan, advocate for R1/Indian Bank) and Ms. Madhumitha (advocate for R2).
Final Outcome
The NCLAT bench comprising Justice N Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical) ordered that the appeal be listed for next hearing on 05.01.2027. No substantive decisions on the merits of the case were made in this order, which served primarily to schedule the next hearing date.
Topics: NCLAT Proceedings, Corporate Insolvency, Banking Dispute