NCLAT Adjourns Aban Offshore MD Appeal to July 15

Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)

Order Date: 13 July 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai heard Company Appeal (AT) (CH) (Ins) No.477/2025 along with interim applications IA Nos. 1357, 1358 & 1359/2025. The appeal involves Reji Abraham, the Suspended Managing Director of Aban Offshore Ltd., as the appellant against Punjab National Bank & Another as respondents. The matter concerns insolvency proceedings involving Aban Offshore Ltd. The appellant was represented by Mr. Sumesh Dhawan, Advocate, while the respondents were represented by Mr. M.L. Ganesh, Advocate for Respondent 1 (Punjab National Bank).

Final Outcome

The NCLAT bench comprising Justice Sharad Kumar Sharma (Member-Judicial) and Jatindranath Swain (Member-Technical) adjourned the company appeal to 15 July 2026 as requested by the appellant's counsel. The tribunal ordered that any interim order previously passed by the tribunal shall continue to remain in effect until the next date of hearing.

Topics: Insolvency Proceedings, Corporate Litigation, Banking Dispute