Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Order Date: 21 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench was hearing three consolidated company appeals:
- Company Appeal (AT) (Ins.) No. 1159 of 2022: Ritu Automobiles Pvt. Ltd. (Appellant) vs. HDFC Bank Ltd. (Respondent)
- Company Appeal (AT) (Ins.) No. 1241 of 2022: Ritu Automobiles Pvt. Ltd. (Appellant) vs. HDFC Bank Ltd. & Anr. (Respondents)
- Company Appeal (AT) (Ins) No. 1982 of 2024: Manoj Lalwani (Appellant) vs. Ritu Automobiles Pvt. Ltd. Through Liquidator & Anr. (Respondents)
The appeals were being heard by a bench comprising Justice Sharad Kumar Sharma (Member - Judicial) and Arun Baroka (Member - Technical). Representation included Senior Advocate Mr. Krishnendu Datta and others for the appellants, and Mr. Sandeep Bajaj and others for respondent HDFC Bank Ltd.
Final Outcome
The tribunal adjourned the hearing of all three appeals due to an office note from the Officiating Chairperson dated 17 July 2026, which indicated that the matter (previously marked as part-heard) was being released. The appeals are now directed to be listed for hearing on 05 August 2026.
Topics: NCLAT Proceedings, Corporate Insolvency, Banking Dispute