NCLT Chennai Adjourns Coastal Energen Insolvency Hearings

NCLT Chennai adjourned multiple interim applications in the State Bank of India vs Coastal Energen Pvt Ltd insolvency case to July 2026.
The tribunal issued notice to CoC members regarding a former employee's claim about unauthorized 10% salary reduction during CIRP.
Applications from dissenting creditors and other parties were scheduled for arguments in July 2026 after completion of pleadings.