Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Order Date: 01 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) was hearing two connected Company Appeals (AT) (Insolvency) filed by the Small Industrial Development Bank of India (SIDBI). The appeals are CA (AT) (Ins) No. 2360 of 2024 and CA (AT) (Ins) No. 88 of 2025. The appellant in both matters is SIDBI, and the respondents are Harshad Deshpande & Others. The nature of the proceedings is an appeal arising from an order(s) passed by the National Company Law Tribunal (NCLT) in an insolvency matter. The background of the dispute and the principal allegations are not detailed in this specific order.
Final Outcome
The bench, comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical), passed a brief procedural order. The Tribunal recorded "No time left" to hear the matters on the scheduled date. Consequently, both appeals were adjourned and relisted for the next hearing on 29 October 2026. No substantive decisions on the merits of the case were made in this order.
Topics: Insolvency Appeal, Adjournment, NCLAT