Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 21 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard multiple interconnected appeals involving Canara Bank as the financial creditor and three individuals from the Jiwrajka family - Ashok B. Jiwrajka, Surendra B. Jiwrajka, and Dilip B. Jiwrajka. The proceedings consist of six appeals with cross-appeals from both parties:
- CA (AT) (Ins) No. 1731 of 2025: Ashok B. Jiwrajka vs. Canara Bank
- CA (AT) (Ins) No. 1732 of 2025: Surendra B. Jiwrajka vs. Canara Bank
- CA (AT) (Ins) No. 1733 of 2025: Dilip B. Jiwrajka vs. Canara Bank
- CA (AT) (Ins) No. 1808 of 2025: Canara Bank vs. Surendra B. Jiwrajka
- CA (AT) (Ins) No. 1821 of 2025: Canara Bank vs. Ashok B. Jiwrajka
- CA (AT) (Ins) No. 1822 of 2025: Canara Bank vs. Dilip B. Jiwrajka
The nature of the dispute appears to involve insolvency proceedings, likely related to personal guarantees or corporate debt, though the specific allegations and background are not detailed in this procedural order.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical) adjourned all six appeals to September 23, 2026. The adjournment was granted based on a request made by counsel representing the respondents in the first three appeals and the appellant in the latter three appeals. The order was issued in hybrid mode, indicating a combination of physical and virtual hearing.
Topics: Banking Litigation, Insolvency Appeals, Procedural Adjournment