Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: July 15, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard two connected insolvency appeals: Comp. App. (AT) (Ins) No. 245 of 2026 filed by Aamir Ahmed and Comp. App. (AT) (Ins) No. 255 of 2026 filed by Naushad Ahmed. Both appeals were filed against DBS Bank India Ltd., represented through its Resolution Professional. When the appeals were called multiple times for hearing, nobody was present for the Appellants. The Respondent's appearance was also not marked on the record.
The Tribunal noted that while it could have dismissed the appeals immediately for want of prosecution, it decided to grant one final opportunity in the interest of justice. The order specifically warns that if the Appellants fail to have representation at the next hearing, the appeals will be dismissed for want of prosecution.
Final Outcome
The appeals were adjourned to August 11, 2026. The Tribunal issued a clear stipulation that if the Appellants are not represented by any counsel on that date, both appeals will be dismissed for want of prosecution. The order was signed by Justice Mohammad Faiz Alam Khan (Member Judicial) and Mr. Naresh Salecha (Member Technical).
Topics: Insolvency Proceedings, Banking Litigation, Tribunal Procedure