Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: 16 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed Company Appeal (AT) (CH) (Ins) No. 356/2024 for hearing on 01 December 2026. The appeal has been filed by State Bank of India and three other appellants against Ms. Aneetha Subramaniam, the Resolution Professional of M/s. Karur KCP Packkagins Ltd, and another respondent. The appeal arises from the corporate insolvency resolution process of Karur KCP Packkagins Ltd and challenges decisions or actions taken by the Resolution Professional.
During the hearing on 16 September 2026, the appellants were represented by advocates Ms. Bharathi (for Appellant No. 1) and Ms. Varshini (for Appellant Nos. 2 & 4). No appearance was recorded for the respondents. The matter was heard in hybrid mode by a bench comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical).
Final Outcome
The NCLAT has adjourned the matter and listed the appeal for next hearing on 01 December 2026. No substantive decisions were made in this order, which serves solely as a scheduling directive for the continuation of proceedings.
Topics: Insolvency Appeal, Banking Sector, NCLAT Proceedings