Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 12.10.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard two connected appeals filed by SREI Equipment Finance Ltd. The first appeal (Company Appeal (AT) (Ins) No. 2231 of 2024) is against Avil Menezes, the Liquidator of AMW Motors Ltd. The second appeal (Company Appeal (AT) (Ins) No. 2232 of 2024 & I.A. No. 4966 of 2025) is against Indian Overseas Bank Ltd. & Others. The matters were presented before a bench consisting of Justice Mohd. Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical). The appellant was represented by Senior Advocate Mr. Krishnendu Datta along with several other advocates, while the respondents were represented by Mr. J. Rajesh and other advocates.
Final Outcome
The NCLAT adjourned both appeals to November 17, 2026, citing "No time left" for the hearing on October 12, 2026. The order was passed in hybrid mode, indicating the hearing accommodated both physical and virtual participation. The substantive matters of the appeals remain undecided and will be heard on the next date of listing.
Topics: NCLAT Proceedings, Insolvency Matters, Adjournment