Authority: National Company Law Appellate Tribunal, Chennai
Order Date: October 5, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in Company Appeal (AT) (CH) (Ins) No.561/2025. The appeal has been filed by State Bank of India as the appellant against RCK Vallal, who was deceased during the course of the Corporate Insolvency Resolution Process (PIRP), represented by C Sivasankaran. The appeal is connected to IA No.1588/2025. Legal representation includes Mr. ML Ganesh, Advocate for the appellant (State Bank of India) and Mr. P.H. Arvindh Pandian, Senior Advocate (for Ms. N. Madhusruthi, Advocate) for the respondent.
Final Outcome
The bench comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical) has scheduled the next hearing of this appeal for November 27, 2026, at 12:30 PM. This is a procedural order that only addresses the scheduling of the appeal hearing without making any substantive determinations on the merits of the case.
Topics: Insolvency Appeal, Banking Litigation, NCLAT Procedure