Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 14 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi heard Company Appeal (AT) (Insolvency) No. 1453 of 2026 between appellant Kumud Jain and respondents Kotak Mahindra Bank Ltd. & Another. The hearing was conducted in hybrid mode with legal representation present for all parties. Ms. Garima Sharma and Mr. Avinash Pandey represented the appellant, while Mr. Sumant Batra, Mr. Akshay Goel, Mr. Sarthak Bhandari, Ms. Riya Kaur Arora, Mr. Aditya Jain, and Mr. Kanishk Khetan represented Respondent-1 (Kotak Mahindra Bank Ltd.). Mr. Shashi Bhushan Prasad appeared for the Resolution Professional.
Final Outcome
The bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Mr. Naresh Salecha (Member-Technical) adjourned the appeal due to time constraints. The matter has been listed for next hearing on 12 October 2026. No substantive hearing or decision on merits occurred during this proceeding.
Topics: NCLAT Proceedings, Insolvency Appeal, Banking Dispute