Authority: Supreme Court of India, Civil Appellate Jurisdiction

Order Date: 06 April 2026

Case Overview

  • Parties: Puissant Global Pvt. Ltd (appellant) vs Bank of India (respondent).
  • Origin: Appeal against the impugned order dated 17 September 2025 passed by the National Company Law Appellate Tribunal (NCLAT), Chennai Bench in Company Appeal (AT) (CH) (Insolvency) No.452/2025.
  • Counsel for petitioner: Mr. Soayib Qureshi, AOR; Mr. Sandeep Bajaj; Adv. Ms. Aakanksha Nehra; Adv. Mr. Shubham Jaiswal; Adv. Mr. Abul Khan; Adv. Mr. Raj Shakya; Adv. Ms. Himangi Arora.
  • Counsel for respondent: (not listed).
  • Applications pending: IA No. 94977/2026 (condonation of delay in refiling/curing defects) and IA No. 94980/2026 (permission to file additional documents/facts/annexures).

Final Outcome

  • The Court condoned the delay.
  • The appeal is dismissed in accordance with the signed order placed on file.
  • Any pending applications, if any, are ordered to stand disposed of.

Topics: Insolvency, Banking, Legal Dispute