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

Order Date: 17 July 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi has issued an order regarding three connected insolvency appeals. The appeals are filed by three individual appellants: Anuradha Menon (Company Appeal (AT) (Ins) No. 1502 of 2024), Ajith Menon (Company Appeal (AT) (Ins) No. 1507 of 2024), and Sabu Vayalmutteathu Varghese (Company Appeal (AT) (Ins) No. 1523 of 2024). All three appellants are represented by the same advocate, Mr. Ajay Brahme. The common respondent in all three appeals is Bank of Maharashtra & Anr. The order is issued by a bench comprising Justice N Seshasayee (Member - Judicial), Arun Baroka (Member - Technical), and Indevar Pandey (Member - Technical).

Final Outcome

The tribunal has adjourned the hearing for all three appeals. The matters have been listed for the next hearing on 02 September 2026. No further directions or observations were recorded in this specific order.

Topics: NCLAT Proceedings, Insolvency Appeals, Banking Litigation