Authority: National Company Law Tribunal, Division Bench-I, Chennai
Order Date: 14 July 2026
Case Overview
The National Company Law Tribunal (NCLT), Chennai Division Bench-I, comprising Hon'ble Shri. Sanjiv Jain (Member Judicial) and Hon'ble Shri. Venkataraman Subramaniam (Member Technical), conducted a hearing via video conferencing regarding multiple applications in the matter of Karur Vysya Bank Ltd. versus G V Annai Hospital LLP. The main petition is registered as CP(IBC)/31/CHE/2025. Three interlocutory applications were heard: IA(IBC)(LIQ.)/25(CHE)2025, IA(I.B.C)/1113(CHE)2026, and IA(I.B.C)/1100(CHE)2026. Representation included Shri. Gauthaman for the Applicant/Resolution Professional, Dr. S. Sathyanarayanan for Karur Vysya Bank Ltd., and Shri. Rangasayee for the promoter directors. After hearing arguments from all parties, the bench reserved its order on the applications.
Final Outcome
The tribunal reserved its judgment on the three applications and directed the Applicant/Resolution Professional to file a short synopsis of the case. The final ruling on the applications remains pending until the bench delivers its reserved order.