Chokshi Family Withdraws NCLAT Appeals Against Bank of Baroda

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

Order Date: 14 August 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard three interconnected appeals filed by members of the Chokshi family against Bank of Baroda and another respondent. The appeals were numbered Comp. App. (AT) (Ins) No. 1627 of 2025 (filed by Bharat Rashiklal Chokshi), Comp. App. (AT) (Ins) No. 1631 of 2025 (filed by Saumil Bharat Chokshi), and Comp. App. (AT) (Ins) No. 1621 of 2025 (filed by Shalin Bharat Chokshi). Each appeal had corresponding interlocutory applications (I.A.) filed alongside. During the hearing conducted in hybrid mode, the appellants' counsel, Mr. Sarvaswa Chhajer, appearing through video conference, submitted under instructions that the appellants wished to withdraw all three appeals.

Final Outcome

The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical) accepted the request for withdrawal. The respondent Bank of Baroda's counsel, represented by Mr. Sougat Sinha, Mr. R. Gayathri Manasa, and Mr. Vishal Majumdar, raised no objection to the withdrawal. Consequently, all three appeals were dismissed as withdrawn.

Topics: Legal Proceedings, Banking Dispute