Shiv Shakthi Sugar Mills vs Karnataka Apex Bank Appeal Adjourned

Authority: National Company Law Appellate Tribunal, Chennai Bench

Order Date: November 6, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed an appeal filed by Shiv Shakthi Sugar Mills Pvt Ltd against The Karnataka State Co-operative Apex Bank Ltd and two other respondents. The appeal, registered as Company Appeal (AT) (CH) (Ins) No. 443/2026, concerns insolvency proceedings between the parties. The two-member bench comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical) heard the matter in hybrid mode. Mr. AS Sathish Kumar, PCS, represented the appellant. The order does not provide details about the nature of the underlying insolvency dispute or the specific grounds of appeal.

Final Outcome

The bench adjourned the matter and listed the appeal for hearing on December 7, 2026. No substantive hearing occurred, and no decisions were made on the merits of the case. The order serves solely as a scheduling directive for the next hearing date.

Topics: NCLAT Proceedings, Insolvency Appeal, Cooperative Bank Dispute