NCLAT Adjourns Punjab National Bank Appeals

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

Order Date: 22.07.2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard two connected appeals: Comp. App. (AT) (Ins) No. 1375 of 2024 with I.A. No. 5006 of 2024 and Comp. App. (AT) (Ins) No. 1377 of 2024 with I.A. No. 5014 of 2024. The appellants in both cases are Punjab National Bank & Others. The respondents are Rajneesh Sharma (Administrator) & Others. The bench consisted of Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical).

Final Outcome

The tribunal noted that there was no time left to hear the appeals on the scheduled date. Consequently, both appeals were adjourned and listed for hearing on 24.08.2026. No substantive hearing or decision on the merits of the case occurred.

Topics: NCLAT Proceedings, Banking Litigation, Adjournment