Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Order Date: 27.08.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) was hearing two connected insolvency appeals filed against UCO Bank. The first appeal, Comp. App. (AT) (Ins) No. 203 of 2025, was filed by appellant Kiran Bhanot against respondents UCO Bank & Anr. This appeal was accompanied by four interim applications (I.A. No. 800, 801, 802, 803 of 2025). The second appeal, Comp. App. (AT) (Ins) No. 204 of 2025, was filed by appellant Rakesh Kumar Bhanot against the same respondents (UCO Bank & Anr.) and was accompanied by four interim applications (I.A. No. 804, 805, 806, 807 of 2025). The bench comprised Justice Mohammad Faiz Alam Khan (Member - Judicial) and Mr. Naresh Salecha (Member - Technical).
Final Outcome
The Tribunal noted that there was "No time left" to hear the matters on the scheduled date of 27.08.2026. Consequently, both appeals along with all their accompanying interim applications were adjourned and listed for the next hearing on 08.10.2026. No substantive hearing or ruling on the merits of the cases occurred.
Topics: Insolvency Appeals, Banking Dispute, NCLAT Proceedings