Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 12 October 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi heard Comp. App. (AT) (Ins) No. 1896 of 2026 along with I.A. No. 7195 of 2026. The appeal was filed by Kotak Mahindra Bank Ltd. against Ashiana Ispat Ltd. The order does not provide details regarding the nature of the underlying insolvency dispute, the allegations, or the legal questions involved. The bench consisted of Officiating Chairperson Justice Yogesh Khanna and Member (Technical) Barun Mitra. Appearances for both the appellant and respondent were not marked on the record.
Final Outcome
The tribunal did not conduct a substantive hearing on the merits of the case. The sole direction issued was to adjourn the matter and list it again for a future hearing on 08 December 2026. The order was passed in hybrid mode.
Topics: Insolvency Appeal, Banking Litigation, Tribunal Proceeding