NCLAT Adjourns Indian Bank Insolvency Appeals to 2027

Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi

Order Date: 06.11.2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard two connected insolvency appeals: Company Appeal (AT) (Insolvency) No. 899 of 2026 filed by Ashim Mandal and Company Appeal (AT) (Insolvency) No. 902 of 2026 filed by Rita Mandal. Both appellants are appealing against Indian Bank (which was formerly Allahabad Bank) and another respondent. The appeals arise from proceedings under the Insolvency and Bankruptcy Code. During the hearing on November 6, 2026, the tribunal noted that there was no time left to proceed with the matter on that day.

Final Outcome

The NCLAT adjourned both appeals to be listed again on January 29, 2027. The bench ordered that the interim order currently in place shall continue until the next hearing date. The order was passed by a bench consisting of Justice Yogesh Khanna (Officiating Chairperson), Barun Mitra (Member - Technical), and Ajai Das Mehrotra (Member - Technical).

Topics: Insolvency Appeal, Banking Litigation