Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 06 August 2026
Case Overview
This is an order in Company Appeal (AT) (Insolvency) No. 1008 of 2026. The appellants are Clematis Trading Company Pvt. Ltd. & Others. The respondents are Bank of India & Others. The appeal arises from proceedings under the Insolvency and Bankruptcy Code, 2016. The tribunal heard advocates for both parties: Mr. Karan Valecha, Ms. Shivangi Khandelwal, and Mr. Aayush Rathore for the appellants, and Mr. Aditya Kumar and Ms. Ila Nath for the respondents.
Final Outcome
The NCLAT bench, comprising Officiating Chairperson Justice Yogesh Khanna and Members Barun Mitra and Ajai Das Mehrotra, adjourned the hearing of the appeal. The matter is now listed for the next hearing on 17th September, 2026. The tribunal explicitly ordered that the interim order currently in place shall continue until the next date of hearing.
Topics: Insolvency, Legal Proceedings