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

Order Date: September 30, 2026

Case Overview

This is an order from the National Company Law Appellate Tribunal (NCLAT) in Comp. App. (AT) (Ins) No. 1954 of 2025. The appellant is Indian Overseas Bank. The respondents are Srigopal Choudhary, described as the Erstwhile Resolution Professional (RP) of the Corporate Debtor, and another respondent. The order was passed in hybrid mode by a bench consisting of Justice Sharad Kumar Sharma (Member - Judicial), Arun Baroka (Member - Technical), and Indevar Pandey (Member - Technical).

Final Outcome

The hearing for this appeal could not be taken up on September 30, 2026, due to a paucity of time. The Tribunal has listed the appeal for its next hearing on November 3, 2026. No substantive hearing or decision on the merits of the case occurred on this date.

Topics: Insolvency Appeal, Banking Litigation, Tribunal Procedure