Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 02 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench, comprising Justice Ashok Bhushan (Chairperson) and Mr. Barun Mitra (Member (Technical)), has before it Comp. App. (AT) (Ins) No. 152 of 2026. This is an appeal filed by Canara Bank (formerly Syndicate Bank) against RattanIndia Enterprises Limited. An Interlocutory Application, registered as I.A. No. 3705 of 2026, is also connected to this appeal. The matter was heard in hybrid mode. The legal representatives for the appellant, Canara Bank, were Ms. Anju Jain, Mr. Hitesh Sachar, and Ms. Rifat Touhid. The respondents, RattanIndia Enterprises Limited, were represented by Mr. Abhijeet Sinha, Senior Advocate, along with Mr. Ritesh Kumar, Mr. Siddharth Joshi, and Mr. Shubham M.
Final Outcome
The bench issued a procedural order to list the appeal "high on board" for its next hearing on 09 July 2026. No substantive decisions on the merits of the case were made in this order.
Topics: Insolvency Appeal, Legal Proceedings