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

Order Date: 14 October 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard a procedural matter in Company Appeal (AT) (Insolvency) No. 1576 of 2026. The appeal was filed by Next Orbit Venture Fund (through its Authorised Signatory Ajay Jalan) as the Appellant against Bank of India (through its Authorised Representative Chandra Pal) as the Respondent. The matter concerns insolvency proceedings, though the specific nature of the underlying dispute is not detailed in this procedural order.

Final Outcome

The NCLAT bench, consisting of Officiating Chairperson Justice Yogesh Khanna and Members Barun Mitra and Ajai Das Mehrotra, adjourned the matter to 6th November 2026. The appeal will be listed for admission hearing among the first five matters of the main list under the category 'For Admission (Fresh Cases)'. The tribunal specifically ordered that the existing interim order shall continue to remain in effect until the next date of hearing.

Topics: Insolvency Appeal, Banking Dispute, Appellate Tribunal