Authority: National Company Law Appellate Tribunal (NCLAT) Chennai Bench
Order Date: June 11, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT), Chennai Bench, comprising Justice Sharad Kumar Sharma (Member-Judicial) and Jatindernath Swain (Member-Technical), heard Company Appeal (AT) (CH) (Ins) No.181/2026. The appeal was filed by Suryastone Ventures Pvt Ltd (formerly known as Suryachakra Industries Pvt Ltd) as the Appellant against State Bank of India and five other Respondents. The nature of the proceedings is an insolvency appeal. The tribunal listed the matter for the next hearing on July 31, 2026, under the caption 'For Admission (After Notice)'.
Final Outcome
The NCLAT directed that until the next date of hearing, any interim order previously passed by the tribunal in this matter shall continue to remain in operation. The appeal was adjourned to July 31, 2026.
Topics: Insolvency Appeal, Banking Dispute