Case Details
Case Name: Davinder Singh Chawla vs. Small Industries Development Bank of India & Anr.; Ramanpreet Kaur vs. Small Industries Development Bank of India & Anr.
Court/Authority: National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi
Case Numbers: Comp. App. (AT) (Ins) No. 2347 of 2024 & I.A. No. 8825, 8829 of 2024; Comp. App. (AT) (Ins) No. 205 of 2025 & I.A. No. 811 of 2025
Order Date: May 25, 2026
Parties Involved
Appellants:
- Davinder Singh Chawla (in Comp. App. (AT) (Ins) No. 2347 of 2024)
- Ramanpreet Kaur (in Comp. App. (AT) (Ins) No. 205 of 2025)
Respondents:
- Small Industries Development Bank of India (SIDBI)
- Another Respondent (name not specified in provided data)
Legal Representation:
- For Appellants: Mr. Abhijeet Sinha, Senior Advocate with Mr. Ayush Puri and Mr. Sultan Haider Jafri, Advocates
- For Respondents: Not specified in the provided data
Tribunal Members:
- Justice Ashok Bhushan, Chairperson
- Barun Mitra, Member (Technical)
Final Ruling & Enforcement
The National Company Law Appellate Tribunal has adjourned both insolvency appeals to July 24, 2026, at 2:00 PM. The appeals will be listed "High on Board" for the next hearing. The tribunal ordered that any interim orders currently in place in these matters shall continue until the next hearing date. The order was passed in hybrid mode, indicating the hearing may have involved both physical and virtual participation.