NCLAT Adjourns Mehta Family Insolvency Appeals to October 30

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

Order Date: 17 September 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard six consolidated company appeals filed against Canara Bank and other respondents. The appeals were filed by Pradeep Mehta (Company Appeal (AT) (Insolvency) No. 886 of 2026), Usha Pradip Mehta (Company Appeal (AT) (Insolvency) No. 887 of 2026), Sonal Dipak Mehta (Company Appeal (AT) (Insolvency) No. 888 of 2026), Raxaben M Doshi (Company Appeal (AT) (Insolvency) No. 891 of 2026), Dipak Mehta (Company Appeal (AT) (Insolvency) No. 892 of 2026), and Rushi Pradeep Mehta (Company Appeal (AT) (Insolvency) No. 842 of 2026). All appellants were represented by Mr. Chitranshul A. Sinha, Mr. Shivam Sharewala, Ms. Rakshita Bhargava, and Ms. Esha Sharma. The respondents were represented by Mr. Hitesh Sachar and Anju Jain for Respondent-1 (Canara Bank), and Mr. Karan Valecha and Ms. Shivangi Khandelwal for Respondent-2. The bench comprised Justice Yogesh Khanna (Officiating Chairperson), Mr. Barun Mitra (Member Technical), and Mr. Ajai Das Mehrotra (Member Technical).

Final Outcome

The NCLAT adjourned all six appeals to October 30, 2026, citing lack of time for hearing on the current date. The tribunal ordered that the interim order currently in place shall continue until the next hearing date.

Topics: Insolvency Appeals, Banking Litigation, NCLAT Proceedings