Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 10th July, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 755 – 758 of 2026, which involves Acrow Realcon Pvt. Ltd. & Others as appellants versus Union Bank of India & Others as respondents. The matter represents an appeal proceeding under the insolvency framework. During the hearing, the arguing counsel for Respondent No. 1 (Union Bank of India) was not available.
Final Outcome
The bench, comprising Justice Yogesh Khanna (The Officiating Chairperson) and Mr. Barun Mitra (Member - Technical), adjourned the matter and listed it for a fresh hearing on 21st July, 2026. No substantive decisions on the merits of the case were made in this order.
This content may not be financially relevant as it pertains only to a procedural adjournment of a legal hearing without any substantive financial or operational decisions.