Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 17 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1056 of 2026 along with I.A. Nos. 4161 and 4162 of 2026. The appeal was filed by Sudarshan Aithal, the suspended director of Distribution Logistics Infrastructure Pvt. Ltd., against respondents including Bank of India and other parties. The matter was presented before a bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical).
Final Outcome
The NCLAT adjourned the appeal to 19 August 2026 as requested by the learned counsel for the appellant. No substantive hearing or decision on merits occurred during this proceeding.
Topics: NCLAT Proceedings, Corporate Insolvency, Adjournment