Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 05.10.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi heard Company Appeal (AT) (Insolvency) No. 1883 of 2026. The appellant is Axis Bank Ltd., and the respondents are SPEL Granito Pvt. Ltd. & Anr. The appeal concerns insolvency proceedings, though the specific nature of the dispute is not detailed in this procedural order. The hearing was conducted in hybrid mode. Senior Advocate Krishnendu Datta, along with Mr. Anshuman Gupta, Mr. Karan Aggarwal, Ms. Alina Merin Mathew, and other advocates, represented Axis Bank Ltd. No representation was noted for the respondents, SPEL Granito Pvt. Ltd. & Anr.
The bench comprised Justice Yogesh Khanna (Officiating Chairperson), Mr. Barun Mitra (Member - Technical), and Mr. Ajai Das Mehrotra (Member - Technical).
Final Outcome
The NCLAT adjourned the hearing of the appeal. As requested, the matter was listed for the next day, October 6, 2026. The order was a procedural directive for adjournment without addressing the substantive merits of the case.
Topics: Insolvency Appeal, Banking Litigation, NCLAT Proceedings