Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: July 6, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard Comp. App. (AT) (Ins) No. 343 & 344 of 2026 along with multiple interlocutory 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 was heard in hybrid mode with legal representation from both sides: Mr. Ojasvi Sharma for the appellant, and Mr. Rishabh Khemka for respondents 2 & 3, and Mr. Abhijeet Sinha (Senior Advocate) with advocates Shitij C., Chaitanya Sharma, and Udhav Agarwal for other respondents.
Final Outcome
The tribunal adjourned the matter to July 28, 2026, at 2:00 PM and ordered that the interim order from previous proceedings would continue until the next hearing. The order was signed by Justice N Seshasayee (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical).
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