NCLAT Adjourns Aban Offshore MD Appeal to November

Authority: National Company Law Appellate Tribunal, Chennai Bench

Order Date: 08 October 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai heard Company Appeal (AT) (CH) (Ins) No.477/2025 filed by Reji Abraham, the Suspended Managing Director of Aban Offshore Ltd., against Punjab National Bank (Respondent 1) and another respondent. The appeal arises from insolvency-related proceedings concerning Aban Offshore Ltd. The matter was presented before a bench comprising Justice Sharad Kumar Sharma (Member - Judicial) and Jatindranath Swain (Member - Technical).

Final Outcome

The NCLAT adjourned the hearing of the appeal to 04 November 2026. The tribunal ordered that any interim relief previously granted in the case shall continue to operate until the next date of listing.

Topics: NCLAT Proceedings, Corporate Insolvency, Banking Dispute