Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)

Order Date: 07 July 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed Company Appeal (AT) (CH) (Ins) No. 356/2024 for admission hearing. The appeal has been filed by State Bank of India and three other appellants against Ms. Aneetha Subramaniam, the Resolution Professional of M/s. Karur KCP Packkagins Ltd, and another respondent. The matter was heard in hybrid mode. The appellants were represented by advocates Ms. J. Christy Matharasi (for Appellant No.1) and Ms. Varshini (for Appellant Nos. 2-4), while the respondents were represented by advocates Mr. Avinash Krishnan Ravi (for R1) and Mr. H. Karthik Seshadri (for R2).

Final Outcome

The bench comprising Justice Sharad Kumar Sharma (Member Judicial) and Jatindranath Swain (Member Technical) ordered that the appeal be listed on 16 September 2026 under the caption 'For Admission (After Notice)'. This indicates the tribunal will consider whether to admit the appeal for full hearing after providing notice to the respondents.

Topics: Insolvency Appeal, Banking Sector, NCLAT Proceedings