Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Order Date: 30 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard Comp. App. (AT) (Ins) No. 2250 of 2024, an appeal filed by ICICI Bank Ltd. The respondents in the case are Udayraj Patwardhan, the Resolution Professional (RP) of Adel Landmarks Ltd., and another respondent identified as the Successful Resolution Applicant (SRA). Legal representatives for all parties were present for the hearing.
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. Consequently, the appeal was adjourned and listed for the next hearing on 18 August 2026.
Topics: Insolvency Appeal, NCLAT, Banking