Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 09.07.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard two connected appeals - Company Appeal (AT) (Ins) No. 185 of 2026 filed by Deepak Kumar Jain and Company Appeal (AT) (Ins) No. 199 of 2026 filed by Rinku Deepak Jain, both against Punjab National Bank as the respondent. The appeals were represented by advocate Mr. Devul Dighe for the appellants. The tribunal reviewed the service report and found that proper service had not been effected on the respondent bank.
Final Outcome
The NCLAT bench comprising Justice Yogesh Khanna (Officiating Chairperson) and Indevar Pandey (Member Technical) ordered that fresh notice be served to the respondent Punjab National Bank in both appeals. The matters were adjourned and listed for further hearing on 09.09.2026.
This content may not be financially relevant