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

Order Date: November 6, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi was hearing two connected company appeals filed under insolvency provisions:

  • Company Appeal (AT) (Ins.) No. 2154 of 2026: Subhash Dabas (Appellant) versus Canara Bank Ltd. & Anr. (Respondents)
  • Company Appeal (AT) (Ins.) No. 2155 of 2026: Suraj Mal Dabas (Appellant) versus Canara Bank Ltd. & Anr. (Respondents)

Representation included Senior Advocate Mr. Arun Kathpalia with Mr. Pallav Saxena and Mr. Rudra Chauhan for the appellants. For the respondents, Mr. Karan Gandhi and Ms. Riya Jain represented Canara Bank (R-1), while Ms. Shipra, Ms. Himanshi Chandani, and Ms. Anju Agarwal represented the second respondent (Resolution Professional). Mr. Sikhar Tiwari also appeared as advocate.

The bench cited paucity of time as the reason for not being able to reach these appeals on the scheduled date.

Final Outcome

The tribunal adjourned both appeals and directed them to be listed next on November 17, 2026, under the same caption as the first case on the cause list. The order was passed by a bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical).

Topics: Insolvency Appeal, Banking Dispute, Tribunal Procedure