Dadda Ji Hospitals NCLAT Appeal Against Insolvency Admission

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

Order Date: 14.10.2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Ins) No. 1912 of 2026 filed by Sajal Shrivastava, Erstwhile Director of Dadda Ji Hospitals Pvt. Ltd., challenging the impugned order dated 17.09.2026. This order had admitted the Section 7 application of the Insolvency and Bankruptcy Code (IBC) filed by State Bank of India as the financial creditor. The admission was based on an alleged default reflected in Part IV of the notice dated 16.11.2023.

During arguments, the appellant's counsel questioned the propriety of the admission order and raised various issues regarding its validity. The appellant, identified as an MSME (Micro, Small and Medium Enterprise) operating a hospital business, proposed a settlement under Section 12A of the I&B Code. The respondent's counsel (State Bank of India) requested time to complete instructions regarding this settlement proposal.

Final Outcome

The NCLAT bench comprising Justice Sharad Kumar Sharma (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical) adjourned the case to the next day, 15.10.2026, for fresh hearing. The adjournment was specifically granted to allow the respondent bank to obtain instructions regarding the appellant's Section 12A settlement proposal. The appeal remains pending before the tribunal.

Topics: Insolvency Appeal, MSME Settlement, Banking Dispute