Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 08 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard procedural matters in Company Appeal (AT) (Insolvency) No. 1575 of 2026 filed by Kotak Mahindra Bank as Appellant against Respondents Rashmi Chhawchharia & Others. The appeal arises from an insolvency matter, though the specific nature of the underlying dispute is not detailed in this procedural order. Two interlocutory applications were addressed: I.A. No. 6049 of 2026 regarding document filing procedures was disposed of with directions that the Appellant may file typed copies of documents as needed. I.A. No. 6048 of 2026, which appears to be a delay condonation application, was heard, and notice was issued to all respondents.
Final Outcome
The Tribunal issued formal notice to all respondents in the main appeal. Ms. Somya Ojha, representing Respondent No. 1 (Rashmi Chhawchharia), accepted notice and was granted two weeks to file a reply to both the delay condonation application and the substantive appeal. The Appellant was directed to complete all necessary steps for serving notice to remaining respondents, including process fee and requisites, within three working days. The appeal has been listed for admission hearing (after notice) on 13 October 2026.
Topics: Insolvency Appeal, Banking Litigation, NCLAT Procedure