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IN THE HIGH COURT OF JUDICATURE AT MADRAS
S. M. SUBRAMANIAM, K. SURENDER, JJ
KCP Shivaraman – Appellant
Versus
Canara Bank ARM Branch Madurai – Respondent
| Table of Content |
|---|
| 1. petitions filed under article 227 challenging nclt orders. (Para 1 , 2) |
| 2. court observations on the jurisdiction and appealability. (Para 3 , 8 , 9 , 10) |
| 3. arguments made regarding the maintainability of petitions. (Para 5 , 6) |
| 4. final dismissal of the petitions. (Para 11 , 12) |
[made by S. M. SUBRAMANIAM, J.,]
The present two Civil Revision Petitions have been instituted under Article 227 of the Constitution of India.
2. Insofar as CRP.No.1626 of 2026 is concerned, the order dated
11.09.2025 passed by the “National Company Law Tribunal, Division Bench, Court-II, Chennai” [hereinafter “NCLT” for the sake of brevity] is under challenge.
3. An application came to be filed to take on record the report of the Resolution Professional under Section 99 of “the Insolvency and Bankruptcy Code, 2016” [hereinafter “IBC” for the sake of brevity] in Annexure-B as well as to condone the delay of 15 days in submitting the report. The reason for delay has also been explained in the application of the Resolution Professional.
4. Considering the reasons stated in paragraph No.5 of the application, the NCLT condoned the delay and the report was taken on record. The petitioner before this
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