Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 30 September 2026
Case Overview
This is an order from the National Company Law Appellate Tribunal (NCLAT) in an appeal filed by Axis Bank Ltd. against Austin Distributors Pvt. Ltd. The appeal is registered as Comp. App. (AT) (Ins) No. 1888 of 2024. The nature of the underlying insolvency dispute is not detailed in this procedural order. The matter was listed for hearing on September 30, 2026.
Final Outcome
The bench, comprising Justice Sharad Kumar Sharma (Member - Judicial), Arun Baroka (Member - Technical), and Indevar Pandey (Member - Technical), could not hear the appeal on the scheduled date due to a paucity of time. Consequently, the appeal was adjourned and is now listed for hearing on November 25, 2026. No substantive rulings on the merits of the case were made.
Topics: Insolvency Appeal, Legal Proceeding, Banking