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

Order Date: 02.07.2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1159 of 2025 along with I.A. No. 4529 of 2025. The appeal was filed by Gajesh Labhchand Jain in his capacity as the Liquidator of Capacite Structures Ltd. The respondent in the matter is Saraswat Co-Operative Bank Ltd. During the hearing, there was no representation present for the appellant. Mr. Amey Hadwale, Advocate, represented the respondent. The bench comprised Justice Ashok Bhushan (Chairperson) and Barun Mitra (Member - Technical).

Final Outcome

The NCLAT bench adjourned the hearing and listed the appeal for the next date of hearing on 17.07.2026. The order was passed in hybrid mode. No substantive arguments were heard or decisions made on the merits of the case during this hearing.

Topics: Insolvency Proceeding, NCLAT Adjournment, Creditor Dispute