Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 10 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) has issued a procedural order in an insolvency appeal matter. The appeal (Comp. App. (AT) (Ins) No. 1451 of 2026) involves Kotak Mahindra Bank Ltd. as the appellant and Sachdeva and Sons Rice Mills Ltd. as the respondent. The matter appears to be related to insolvency proceedings given the case numbering convention (Ins). The order was heard in hybrid mode with legal representation present for both parties - Advocates Abhwaj Agrawal and Piyush Bhardwaj appearing for the appellant bank.
Final Outcome
The three-member bench comprising Officiating Chairperson Justice Yogesh Khanna, along with Technical Members Barun Mitra and Ajai Das Mehrotra, has adjourned the matter and listed the appeal for hearing on 14th August 2026. This is purely a procedural order for listing the case on a future date without any substantive hearing or decision on the merits of the appeal.
Topics: NCLAT, Insolvency Appeal, Banking Dispute