Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 14 September 2026
Case Overview
The appeal involves Company Appeal (AT) (Insolvency) No. 1487 of 2025 filed by Abhijit Ghosh, who is identified as a Member of the Suspended Board of Bengal Shelter Housing Development Ltd. The appellant is challenging actions or decisions related to the corporate insolvency resolution process of Bengal Shelter Housing Development Ltd. The respondents in the case are Union Bank of India & Anr., indicating the financial creditor's involvement in the insolvency proceedings. The case represents an ongoing legal dispute within India's insolvency resolution framework under the Insolvency and Bankruptcy Code, 2016.
Final Outcome
The three-member bench of the NCLAT, comprising Justice Sharad Kumar Sharma (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical), has adjourned the hearing of this appeal. The matter has been listed for the next hearing on 16 October 2026. No substantive decisions on the merits of the case were made in this order, which serves solely as a procedural update scheduling the next hearing date.
Topics: Insolvency Appeal, Corporate Litigation, Banking Dispute