Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 11th August, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 1373 of 2026 filed by Gopal Lohia, the Suspended Director of Citron Infraprojects Limited, against Canara Bank and another respondent. The appeal arises from insolvency proceedings concerning Citron Infraprojects Limited. The order does not provide details of the specific allegations, disputes, or background of the case beyond identifying the parties and nature of the appeal.
Final Outcome
The NCLAT bench comprising Justice Yogesh Khanna (Officiating Chairperson), Barun Mitra (Member Technical), and Ajai Das Mehrotra (Member Technical) adjourned the matter without passing any substantive order or decision on merits. The appeal is listed for next hearing on 24th August, 2026. No penalties, settlements, or directions were issued in this order.
Topics: Insolvency Appeal, Corporate Litigation, Banking Dispute