Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Order Date: 17th July, 2026
Case Overview
This order pertains to two interconnected Company Appeals heard together:
1. Comp. App. (AT) (Ins) No. 781 of 2026: This appeal is filed by the Committee of Creditors of BBT Elevated Road Private Limited, represented through Canara Bank, as the Appellant(s). The Respondents are HDFC Bank Ltd. & Anr.
2. Comp. App. (AT) (Ins) No. 789 of 2026: This appeal is filed by BBT Elevated Road Private Limited, represented by its Liquidator Pratim Bayal, as the Appellant(s). The Respondents are HDFC Bank Ltd. & Ors.
The nature of the proceedings is an appeal against orders likely passed by the National Company Law Tribunal (NCLT) in the corporate insolvency resolution process of BBT Elevated Road Private Limited. The specific allegations or disputes are not detailed in this procedural order.
Final Outcome
The tribunal noted that a rejoinder to the reply filed by Respondent No. 1 (HDFC Bank Ltd. in both appeals) had not been filed. The NCLAT granted a period of four weeks for this rejoinder to be filed. Consequently, the matters were adjourned and listed for the next hearing on 31st August, 2026. The bench, comprising Justice Yogesh Khanna (The Officiating Chairperson) and Barun Mitra (Member (Technical)), also ordered that the existing interim order shall continue until the next date of hearing. The specifics of this interim order are not described in this snippet.
Topics: Insolvency Appeal, NCLAT, Infrastructure