The National Company Law Appellate Tribunal (NCLAT) adjourned a hearing in a liquidation matter involving City Co-operative Bank Ltd. and Kandivli Balaji Investment to April 13, 2026.
The respondent's counsel stated that a prior order allowed secured creditors to retain assets, preventing the liquidator from taking possession.
The case involves the liquidator of City Co-operative Bank Ltd. and the liquidator of Kandivli Balaji Investment, with pleadings now complete.