Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: September 15, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard three connected insolvency appeals filed by members of the Ganage family against IDBI Bank Ltd. The appeals are numbered Company Appeal (AT) (Insolvency) No. 2366 of 2024 (filed by Ramhari Devrao Ganage), No. 2367 of 2024 (filed by Sangeeta Ramhari Ganage), and No. 2368 of 2024 (filed by Rohan Ramhari Ganage). All three appeals list IDBI Bank Ltd. as the sole respondent. The appellants were represented by advocates Mr. Himanshu Satija and Ms. Ripul Swati, while the respondent bank was represented by Senior Advocate Mr. Jitender Kr. Krani with Mr. Parthiv J. Mehta, Advocate.
Final Outcome
The bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical) did not hear the appeals on the scheduled date of September 15, 2026, citing "No time left" as the reason. The tribunal adjourned all three appeals and listed them for the next hearing on October 29, 2026. No substantive order was passed, and no observations were made on the merits of the cases.
Topics: Insolvency Appeals, Banking Dispute, Adjournment