Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: July 7, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in Company Appeal (AT) (CH) (Ins) No. 180/2024. The appeal has been filed by Punjab National Bank, represented by its Assistant General Manager, Mr. P.V. Lakshmi Narayanan, against respondents Pankaj Srivastava and another party. The tribunal heard advocates for both parties - Mr. Varun Srinivasan for the appellant bank, and Mr. Abishek Anand, Mr. Karan Kohli, and Mr. Palak Kalra for the first respondent, with Ms. Krutika Raghavan and Ms. Sameeksha Patil representing the second respondent.
Final Outcome
The NCLAT bench comprising Justice Sharad Kumar Sharma (Member-Judicial) and Jatindranath Swain (Member-Technical) has listed the appeal for admission hearing on August 25, 2026. The tribunal specifically ordered that any interim order previously granted in this matter shall continue to operate until the next date of listing. This is a procedural order that advances the case to the admission stage without making any substantive determinations on the merits of the appeal.
Topics: Insolvency Appeal, Banking Litigation, NCLAT Procedure