Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 05.10.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) was hearing two connected insolvency appeals:
- Company Appeal (AT) (Insolvency) No. 377 of 2026
- Company Appeal (AT) (Insolvency) No. 380 of 2026
Both appeals were filed by Patanjali Foods Ltd. (formerly known as Ruchi Soya Industries Ltd.) as the appellant against ICICI Bank Ltd. as the respondent. The nature of the underlying insolvency dispute was not detailed in this procedural order.
Final Outcome
The tribunal adjourned both appeals to October 26, 2026, at 12:00 Noon. The adjournment was granted because the arguing counsel for the respondent (ICICI Bank Ltd.) was not available on the hearing date. The tribunal directed that notes of submissions be filed three days prior to the next hearing date.
Topics: Insolvency Proceedings, Banking Disputes, Legal Adjournment