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

Order Date: 03.07.2026

Case Overview

This is an appeal (Comp. App. (AT) (Ins) No. 997 of 2026) filed by Indian Bank against respondents Varez Karsi Dadina & Anr. The appeal is accompanied by an Interlocutory Application (I.A. No. 3952 of 2026), which is an application for condonation of delay in filing the appeal. The tribunal heard arguments from advocates representing both parties in a hybrid mode hearing.

Final Outcome

The NCLAT issued a notice on the delay condonation application (I.A. No. 3952 of 2026). The learned counsel for the respondents were granted a period of two weeks to file a reply to this application. The appeal itself was not heard on the merits and was adjourned. It is now listed for the next hearing on 22.07.2026.

Topics: Banking Litigation, NCLAT Proceedings