Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 12 October 2026
Case Overview
This is a procedural order in I.A. No. 7094 of 2026 within Comp. App. (AT) (Ins) No. 330 of 2026 between Excel Arcade Pvt. Ltd. (Appellant) and Unity Small Finance Bank Ltd. (Respondent). The matter involves an ongoing insolvency appeal. The appellant, Excel Arcade Pvt. Ltd., filed an affidavit dated 9 October 2026 in compliance with the tribunal's previous order dated 30 September 2026. During the hearing, the senior counsel for the respondent, Unity Small Finance Bank Ltd., brought to the tribunal's attention that they had not been provided with a copy of this affidavit. The bench, comprising Justice Yogesh Khanna (Officiating Chairperson) and Barun Mitra (Member Technical), directed that a copy of the affidavit be provided to Respondent No. 1 (Unity Small Finance Bank Ltd.) and listed the appeal for the next hearing on 16 October 2026.
Final Outcome
The appeal was adjourned to 16 October 2026 with a direction to the appellant to serve the compliance affidavit on the respondent. The substantive matters of the appeal remain pending for future consideration.
Topics: NCLAT Procedure, Insolvency Appeal, Affidavit Compliance