Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 14 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1438 of 2026, an insolvency appeal filed by Ravindra P. Birole, the Suspended Director of Shri Gajanan Maharaj Sugar Ltd., as the appellant. The respondents in the case are Central Bank of India and another party. The appeal was presented before a bench consisting of Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical). Legal representation included Senior Advocate Mr. Abhijeet Sinha with a team of advocates for the appellant, and Senior Advocate Mr. Kunal Tandon with a team for respondent-1 (Central Bank of India), with Ms. Kanishka Patel appearing for respondent-2.
Final Outcome
The NCLAT issued a brief procedural order adjourning the hearing. The order states "No time left" and lists the appeal for the next hearing on 19 August 2026 under the same caption. No substantive discussions, rulings, or observations on the merits of the case were recorded in this order.
Topics: NCLAT Proceedings, Corporate Insolvency, Adjournment