NCLAT Adjourns SVP Textiles Director Appeal

Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi

Order Date: 22.07.2026

Case Overview

The appeal was filed by Gopal Lohia, Suspended Director of SVP Textiles Ventures Pvt. Ltd., against Central Bank of India Ltd. and Others. The case is registered as Company Appeal (AT) (Ins) No. 838 of 2025. During the hearing conducted in hybrid mode on July 22, 2026, no representative appeared for the appellant. Counsel for the first respondent, Mr. Asav Rajan, Advocate, was present.

Final Outcome

The NCLAT bench, comprising Justice Sharad Kumar Sharma (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical), adjourned the matter to September 11, 2026, listing it for the second week of September. The tribunal directed the parties to exchange their pleadings including written submissions in the interim period.

Topics: NCLAT Proceedings, Corporate Insolvency