Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 27 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) was hearing Company Appeal (AT) (Insolvency) No. 687 of 2021. The appellant in the case is IDBI Bank Ltd. The respondents are Praveen Bansal & Anr. The appeal relates to an insolvency matter. The bench comprised Justice Sharad Kumar Sharma (Member - Judicial), Arun Baroka (Member - Technical), and Indevar Pandey (Member - Technical). Advocates representing the parties were present, with Mr. Praful Jindal and Kumar Arnav Singh Deo appearing for the appellant (IDBI Bank) and Mr. K.D. Advocate appearing for the respondent (the Resolution Professional).
Final Outcome
The Tribunal did not hear the matter on its merits on this date. The sole direction issued was to list, or schedule, this appeal for a future hearing on 30 September 2026. The outcome of the appeal itself remains pending.
Topics: Insolvency Appeal, Banking Litigation, NCLAT