Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 09 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 668 of 2023 between Bank of Baroda & Anr. (Appellants) and Dinesh Sood (Respondent). The appeal concerns insolvency proceedings. Learned counsel for the Appellants submitted to the tribunal that settlement talks are currently ongoing between the parties involved in the dispute.
Final Outcome
The NCLAT bench, comprising Officiating Chairperson Justice Yogesh Khanna and Member (Technical) Mr. Ajai Das Mehrotra, listed the appeal for next hearing on 14 September 2026 to allow the settlement talks to continue. The matter remains pending before the tribunal.
Topics: Insolvency Appeal, Banking Litigation, Settlement Negotiations