IDBI Bank NCLAT Appeal Adjourned for Service

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

Order Date: October 5, 2026

Case Overview

This is an interim procedural order in Comp. App. (AT) (Ins) No. 1225 of 2026 and connected interlocutory applications. The appeal has been filed by IDBI Bank Ltd. (Appellant) against Chetan Shrimanker (Respondent). The nature of the underlying dispute is not detailed in this procedural order. The office report indicated that service of notice had not been effected on the sole respondent, Mr. Chetan Shrimanker.

Final Outcome

The NCLAT bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical), directed the Learned Counsel for the Appellant (IDBI Bank) to take fresh steps to serve notice on the respondent. This directive must be completed within three days from the order date (i.e., by October 8, 2026). Consequently, the appeal has been adjourned and is now listed for the next hearing on November 19, 2026.

Topics: NCLAT Procedure, Banking Litigation