NCLAT Adjourns PNB Insolvency Appeals to January 2027

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

Order Date: November 2, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard two connected insolvency appeals filed against Punjab National Bank. The appeals were registered as Comp. App. (AT) (Ins) No. 185 of 2026 (filed by Deepak Kumar Jain) and Comp. App. (AT) (Ins) No. 199 of 2026 (filed by Rinku Deepak Jain). Both appellants were represented by the same advocate, Mr. Devul Dighe. The tribunal noted that due to time constraints, it could not proceed with hearing the appeals on the scheduled date.

Final Outcome

The three-member bench, consisting of Officiating Chairperson Justice Yogesh Khanna and Members Barun Mitra and Ajai Das Mehrotra, adjourned both appeals to January 12, 2027. No substantive hearing or decision on the merits of the case occurred during this proceeding.

Topics: Insolvency Appeal, Banking Dispute, Tribunal Procedure