Authority: National Company Law Tribunal, Division Bench - II, Chennai
Order Date: June 16, 2026
Case Overview
The National Company Law Tribunal (NCLT) Chennai Bench, comprising Member (Judicial) Shri. Jyoti Kumar Tripathi and Member (Technical) Shri. Ravichandran Ramasamy, heard matter CP (IB)/274(CHE)2025. The petition was filed by Indian Bank under Section 95(1) of the Insolvency and Bankruptcy Code, 2016 against respondent Abhinav Chandran. During the hearing conducted via video conferencing, the petitioner's representing counsel Mr. Kavin sought an adjournment on the grounds that the arguing counsel was not available. Additionally, the physical copy of the petition was not available for the bench's consideration.
Final Outcome
The bench adjourned the matter and listed the petition for next hearing on July 24, 2026. The order was signed by both members of the bench.
Topics: Insolvency Proceeding, Banking Matter, Legal Adjournment