NCLAT Adjourns City Co-operative Bank Liquidation Appeal

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

Order Date: September 2, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1997 of 2025 along with I.A. Nos. 7795, 7796, and 7798 of 2025. The appellant is The Liquidator of City Co-operative Bank Ltd. The respondent is Rajnesh Jaiswal, described as "Investment Liquidator of Kandivli Balaji." The matter involves liquidation proceedings concerning City Co-operative Bank Ltd. Mr. Sarthak Utangale, Advocate, appeared for the appellant. No appearance was marked for the respondent.

Final Outcome

The bench, comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical), noted that there was "no time left" to hear the matter on the current date. The appeal was consequently adjourned and listed for the next hearing on September 9, 2026, at 3:30 PM. The order is procedural and does not contain any substantive ruling on the merits of the case.

Topics: NCLAT, Banking Liquidation, Adjournment