P. NAROTHAM RAO vs INDIAN BANK — C.A. No. 3533/2026

Case under Insolvency Laws and Insolvency and Bankruptcy Code, 2016 : Insolvency Laws and Insolvency and Bankruptcy Code, 2016 Section XVII-B. Status: Disposed.

Disposed

CNR: SCIN010121732026

Filing Date

24-Feb-2026

Registration No

C.A. No. 3533/2026

Diary Number

12173/2026

Order Date

11-May-2026

Document Type

ROP - of Main Case

Disposal Type

Disposed Off

Last updated 14-Jun-2026

Acts & Sections

Insolvency Laws and Insolvency and Bankruptcy Code, 2016 : Insolvency Laws and Insolvency and Bankruptcy Code, 2016 Section XVII-B

Petitioner(s)

  1. 1.P. NAROTHAM RAO

    Adv. RAJESH KUMAR

Respondent(s)

  1. 1.INDIAN BANK

    Adv. ANANT GAUTAM[R-1] ANANT GAUTAM[R-2]

Case History

  1. Case disposedDisposed

  2. 11-May-2026

    ROP - of Main CaseView PDF

  3. 11-May-2026

    Fixed Date by Court

    Hon'ble Mr. Justice Pamidighantam Sri Narasimha and Hon'ble Mr. Justice Alok Aradhe

  4. 01-Apr-2026

    ROP - of Main CaseView PDF

  5. 01-Apr-2026

    First hearing

    Initial hearing scheduled

  6. 24-Feb-2026

    Case filed

    Registration No. C.A. No. 3533/2026

View Full Judgment
casestatus.in Summary

Summary The Supreme Court dismissed P Narotham Rao's appeal against NCLAT's interim order rejecting his stay application in insolvency proceedings initiated by Indian Bank. The Court found that while the underlying DRT ex parte order was set aside on 12.03.2026 (closing the recovery proceedings), this development warranted directing NCLAT to reconsider the appeal allowing both parties to file fresh submissions, but ultimately dismissed the appeal on 11.05.2026 without expressing opinion on merits. This case analysis is maintained by casestatus.in based on publicly available court records.

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