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

Order Date: October 15, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 2174 of 2024 between Canara Bank (Appellant) and Jeetendra Rajpal Daryani, the erstwhile Resolution Professional of Texon Global Pvt. Ltd. along with another respondent. The appeal relates to insolvency proceedings concerning Texon Global Pvt. Ltd.

Final Outcome

The hearing could not be taken up due to paucity of time. The Appellate Tribunal has listed the matter for next hearing on November 30, 2026. The bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Arun Baroka (Member-Technical) issued the order in hybrid mode.

Topics: Insolvency Appeal, Banking Litigation, NCLAT Proceedings