Authority: National Company Law Tribunal, Division Bench (Court–I), Chennai

Order Date: 15 June 2026

Case Overview

The National Company Law Tribunal (NCLT) Chennai Division Bench heard matters related to Central Bank of India's insolvency petition against G R Surana (Main Petition Number: CP(IB)/212(CHE)/2021). The specific hearing concerned an Interlocutory Application/Miscellaneous Application numbered IA(IBC)/161(CHE)/2026. The Bankruptcy Trustee, represented by counsel Shri B. Thilak Narayanan, and the Serious Fraud Investigation Office (SFIO), represented by counsel Ms. Lekha Sowjanya, were present during the proceedings conducted via video conferencing. The bench comprised Hon'ble Shri Sanjiv Jain (Member Judicial) and Hon'ble Shri Venkataraman Subramaniam (Member Technical).

Final Outcome

The Tribunal noted that a report had been e-filed and directed the registry to accept the hard copy. It granted two weeks for filing any responses to the application and adjourned the matter, listing it for next hearing on 5 August 2026.

Topics: Insolvency Proceeding, Banking Sector, NCLT Hearing