Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: August 18, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1524 of 2025 between Bank of Baroda (Appellant) and Vedara India Ventures Pvt. Ltd. & Another (Respondents). The appeal appears to relate to insolvency proceedings given the case numbering convention. Both parties were represented by legal counsel - Mr. Ashish Verma, Mr. Nikhil Thakur, and Ms. Kriti represented the Appellant Bank of Baroda, while Ms. Aishvary Vikram, Mr. Lucky Sharma, and Mr. Yash Jain represented Respondent-2. The proceeding was conducted in hybrid mode.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical) adjourned the hearing due to lack of available time. The appeal was listed for next hearing on September 29, 2026. No substantive matters were decided in this order.
Topics: Insolvency Appeal, Banking Litigation, NCLAT Proceedings