Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee, Member (Judicial) and Jatindranath Swain, Member (Technical))
Order Date: 17 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed an appeal filed by Punjab National Bank (International) Ltd against M/s. Pesco Beam Environmental Solutions Pvt Ltd. The case is registered as Company Appeal (AT) (CH) (Ins) No. 583/2025 with interconnected applications IA Nos.1780 & 1781/2025. The appeal falls under the tribunal's appellate jurisdiction and relates to insolvency matters. The appellant bank is represented by advocates Mr. Mithilesh Kumar Pandey and Mr. Rishu Yogesh Pandey, while the respondent company is represented by advocate Mr. B. Sarath Babu.
Final Outcome
The tribunal has listed the matter for 01 December 2026 under the caption 'Admission – Notice Ordered', indicating that the appeal will be considered for admission and formal notices may be issued to the respondent. No substantive hearing or decision on merits has occurred at this stage.
- Topics: NCLAT Proceeding, Banking Litigation, Insolvency Appeal