Company Disclosure

Aban Offshore Limited, undergoing Corporate Insolvency Resolution Process (CIRP) under the provisions of the Insolvency and Bankruptcy Code (IBC) vide Hon'ble NCLT order dated September 1, 2025, has filed a disclosure with the stock exchanges.

Filing Details

Recipients: BSE Limited and National Stock Exchange of India Limited

Subject: Order of the Hon'ble NCLAT, Chennai

NCLAT Order Details

Case Reference: Company Appeal (AT) (CH) (Ins) No.477/2025 (IA Nos. 1357, 1358 & 1359/2025)

Parties Involved:

  • Appellant: Reji Abraham, Suspended Managing Director of Aban Offshore Ltd.
  • Respondents: Punjab National Bank & Anr.

Key Developments from Order Dated June 2, 2026:

  • The Learned Counsel for the Appellant presented certain subsequent developments contended to be relevant for adjudication.
  • The Appeal has been deferred and is now scheduled to be heard in the 2nd week of July 2026.
  • The interim order dated January 21, 2026, will continue to operate until the next hearing.
  • The next listing date for the Appeal is July 13, 2026.

Resolution Professional Details

Name: Shailesh Desai

Role: Resolution Professional

IBBI Registration No.: IBBI/IPA-001/IP-P00183/2017-18/10362