Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 20 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard Company Appeal (AT) (Insolvency) No. 343 & 344 of 2026 along with eight interim applications (I.A. No. 1297, 1298, 1299, 1300, 1301, 1302, 1778, 1779 of 2026). The appeal involves Omkara Assets Reconstruction Pvt. Ltd. as the appellant against Jammu & Kashmir Bank Ltd. & Others as respondents. The matter appears to relate to insolvency proceedings, though the specific nature of the dispute or allegations is not detailed in the provided order text. The hearing was conducted in hybrid mode with legal representation from both sides: Mr. Aman Raj Gandhi, Mr. Ojasvi Sharma and Mr. Dhairyah C. Shroff represented the appellant, while Mr. Abhijet Sinha (Senior Advocate) with Mr. Shitij Chakravarty, Mr. Udhav Agarwal and Mr. Chatanya Sharma represented the respondents.
Final Outcome
The bench comprising Justice Sharad Kumar Sharma (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical) adjourned the matter and listed the appeal for hearing on 1st October 2026. The order does not contain any substantive rulings, penalties, or directions beyond the adjournment.
Topics: Insolvency Appeal, Banking Dispute, NCLAT Proceeding