Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: August 18, 2026
Case Overview
The National Company Law Appellate Tribunal at Chennai has issued a procedural order in case TA (AT) No. 166/2021 (formerly Company Appeal (AT) (Ins) No. 122/2020), which includes interconnected applications IA Nos. 313/2020, 480/2024 & 1160/2026. The appeal involves M.G.A. Abhimanyu Raja as the Appellant against Syndicate Bank & Another as Respondents. The matter was heard in hybrid mode with legal representation from both sides: Mr. Manoj Menon and Mr. D R Raghunath representing the Appellant, while Ms. Chandhini (for Mr. T. Ravichandran) represented Respondent 1 (Syndicate Bank), and Ms. Faizu and Ms. Elamathi M S represented Respondent 2.
The order constitutes a scheduling directive rather than a substantive decision on the merits of the case. The bench comprising Justice N Seshasayee (Member Judicial) and Jatindranath Swain (Member Technical) directed that the matter be listed immediately after admission on August 25, 2026.
Final Outcome
The tribunal has scheduled the next hearing for August 25, 2026, for admission proceedings. No substantive rulings, penalties, or decisions on the merits of the case were made in this order.
Topics: NCLAT Proceedings, Banking Litigation, Corporate Appeals