Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: September 1, 2026
Case Overview
The order pertains to two interconnected appeals. The first appeal, Comp. App. (AT) (Ins) No. 783 of 2024, was filed by HDFC Bank Ltd. against Avil Menezes. The second appeal, Comp. App. (AT) (Ins) No. 229 of 2024, was filed by Avil Menezes in his capacity as the Liquidator of Sunil Hitech Engineers Ltd. against HDFC Bank Ltd. The nature of the underlying dispute is not detailed in this procedural order. For the respondent/liquidator, advocates Mr. J. Rajesh, Mr. Dhrupad Vaghani, Ms. Gayatri Mohite, Mr. Ashwath Reddy, Ms. Radhika Kabra, Mr. Yashwardhan Aggarwal, Mr. Md. Arsalan Ahmed, and Mr. Ali Abbas Masoodi were present. Appearance for the appellant/HDFC Bank was not marked.
Final Outcome
The bench, comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical), passed the order in hybrid mode. The Tribunal noted that there was 'no time left' to hear the matters on the scheduled date. Consequently, both appeals were adjourned and relisted for the next hearing on October 30, 2026. The order is purely procedural and does not adjudicate on the merits of the case.
Topics: Insolvency Litigation, Banking Dispute