Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai, Appellate Jurisdiction
Order Date: 29 June 2026
Case Overview
This is a procedural order in an appeal filed by Bank of Baroda (Appellant) against Lanco Kondapalli Power Ltd. (Respondent). The case is registered as TA (AT) No.185/2021, which is linked to an earlier Company Appeal (AT) (Ins) No.74/2021, indicating its origins in an insolvency-related matter. The order was passed in a hybrid mode hearing. Representing the Appellant, Bank of Baroda, were advocates Ms. Praveena Gautam, Mr. Pawan Shukla, Ms. Tissy Annie Thomas, and Mr. Rohan Bansla. The Respondent, Lanco Kondapalli Power Ltd., was represented by Senior Advocate Mr. Harish Narasappa, instructed by Mr. Pranava Charan, Advocate. The bench comprised Justice N Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical).
Final Outcome
The Tribunal did not rule on the merits of the appeal. It adjourned the hearing and listed the matter for further consideration on 06 July 2026 under the caption 'For Orders'. Crucially, the Tribunal ordered that any interim order that had been previously passed in this matter shall continue to remain in force until the next date of hearing. This maintains the status quo between the parties.
Topics: NCLAT, Insolvency Appeal, Interim Order