NCLAT Adjourns Naren Sheth vs PNB Insolvency Appeal

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

Order Date: 13.10.2026

Case Overview

This is an order from the National Company Law Appellate Tribunal (NCLAT) in an insolvency appeal. The appellant is Naren Sheth and the respondent is Punjab National Bank. The appeal is registered as Company Appeal (AT) (Insolvency) No. 1349 of 2026. The hearing was conducted in hybrid mode. Legal representatives for both parties were present: Ms. Eshna Kumar, Ms. Sabari Kirubakaran, Ms. Muskan Agrawal, and Ms. Astha A. for the appellant; and Dr. S.S. Hooda, Mr. Aayushman A., Mr. Aditya Hooda, and Ms. Vidhi Mangla for the respondent.

Final Outcome

The bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical), noted that there was no time left to hear the matter. Consequently, the appeal was adjourned and listed for the next hearing on 30.11.2026. No substantive issues were discussed or decided in this order.

Topics: Insolvency Appeal, Adjournment, Banking Dispute