Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: August 4, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1161 of 2026, an insolvency appeal filed by Roselabs Ltd against Bank of Baroda & Others. The appellant was represented by Mr. Ritesh D. Patadia, Advocate, while the respondents were represented by Mr. Dhaval Mehrotra and Ms. Aditi Desai, Advocates. The document indicates SEBI may also be involved as "3/SEBI" is noted in the representation details.
The proceeding was purely procedural regarding scheduling. The appellant's counsel requested additional time to prepare arguments for the case.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical) granted a "last opportunity" to the appellant's counsel to argue the case. The matter was adjourned and listed for the next hearing on August 13, 2026. No substantive matters related to the underlying insolvency dispute were addressed in this order.
Topics: Insolvency Appeal, Adjournment, Banking Dispute