Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 27 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1997 of 2025 along with Interlocutory Applications I.A. No. 7795, 7796, and 7798 of 2025. The appeal was filed by The Liquidator of City Cooperative Bank Ltd. as the appellant against Rajnesh Jaiswal, Liquidator of Kandivli Balaji Investment, as the respondent. The matter appears to involve insolvency proceedings related to the liquidation of City Cooperative Bank Ltd. Both parties were represented by legal counsel - Mr. Apurva Damle for the appellant and Mr. Rajnesh Jaiswal along with Ms. Shruti Jain for the respondents.
Final Outcome
The bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical) noted "No time left" and adjourned the hearing. The appeal has been listed for the next hearing on 18 August 2026. No substantive decisions or rulings were made in this order, which served purely as a procedural adjournment.
Topics: Insolvency Proceedings, Banking Sector Litigation