Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi

Order Date: 08.09.2026

Case Overview

This is an order from the National Company Law Appellate Tribunal (NCLAT) in Company Appeal (AT) (Ins.) No. 1164 of 2024. The appellant is Axis Bank Ltd. The respondents are Naren Sheth & Anr. The hearing was conducted in hybrid mode. Legal counsel for both parties were present: Mr. Gaurav Mitra, Sr. Adv., and others for the appellant, and Mr. Asav Rajan and others for the respondents.

Final Outcome

The bench, comprising Justice Sharad Kumar Sharma (Member-Judicial), Arun Baroka (Member-Technical), and Indevar Pandey (Member-Technical), issued an order to list the matter for the next hearing on 15.10.2026. No substantive ruling on the merits of the appeal was made in this order; it solely pertains to the adjournment of the proceedings.

Topics: NCLAT, Adjournment, Banking Litigation