Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: July 1, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed two appeals for admission hearing. The appeals are Company Appeal (AT) (CH) (Ins) No. 26/2026 (filed by M Shanmugam) and Company Appeal (AT) (CH) (Ins) No. 27/2026 (filed by S Chandra). Both appeals are directed against Tamilnad Mercantile Bank Limited and another respondent. The tribunal noted that the matters should be listed under the caption 'For Admission (After Notice)' on August 11, 2026.
The bench comprised Justice Sharad Kumar Sharma (Member - Judicial) and Jatindranath Swain (Member - Technical). The appellants were represented by advocates Ms. Raveena Panicker, Mr. Deepak Narayanan, and Mr. Vivek Kumar. The respondents were represented by Mr. AG Sathyanarayana, Advocate for Caveator. The order was passed in hybrid mode.
Final Outcome
The appeals have been listed for admission hearing on August 11, 2026. No substantive hearing or decision on merits has taken place at this stage. The tribunal has only issued procedural directions for the next hearing date.
Topics: NCLAT Proceedings, Banking Dispute, Legal Appeals