NCLAT Adjourns Canara Bank Insolvency Appeal to July 30

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

Order Date: July 1, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi is hearing Company Appeal (AT) (Insolvency) No. 2174 of 2024. The appellant is Canara Bank. The respondents are Jeetendra Rajpal Daryani, who is identified as the erstwhile Resolution Professional (RP) of Texon Global Pvt. Ltd., and another respondent (Anr.). The legal representation includes Ms. Aditi Sharma and Mr. Sunil Kumar, Advocates for the Appellant, and Mr. Jeetendra Rajpal Daryani, Mr. Atul Sharma, and other advocates for Respondent-1. The bench comprised Justice Mohammad Faiz Alam Khan, Member (Judicial), and Naresh Salecha, Member (Technical).

Final Outcome

The tribunal did not hear the matter on the scheduled date due to time constraints. The appeal was consequently adjourned and listed for the next hearing on July 30, 2026. No substantive orders or rulings on the merits of the case were passed in this proceeding.

Topics: Insolvency Appeal, NCLAT, Adjournment