Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: October 12, 2026
Case Overview
This is an order from the National Company Law Appellate Tribunal (NCLAT) in an insolvency appeal. The appellant is Mr. Abhishek Gandhi, identified as a Shareholder/Director of Shri Karvir Nivasini Mahalaxmi Ispat Private Limited. The respondents are Bank of India (R-1) and another unnamed party (Anr.). The case is registered as Comp. App. (AT) (Ins) No. 1956 of 2026 along with an Interlocutory Application (I.A. No. 7414 of 2026). The order is a procedural adjournment and does not detail the substantive allegations or background of the underlying insolvency dispute between the corporate debtor and its financial creditor.
Final Outcome
The bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical), adjourned the hearing of the appeal. The adjournment was granted based on a request made by the Learned Counsel for the Appellant. The appeal is now listed to be heard next on October 16, 2026.
Topics: Insolvency Appeal, NCLAT, Corporate Debtor