Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: July 7, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard three connected appeals filed by Union Bank of India & Others against the Assistant Commissioner of Sales Tax & Excise, Baddi Circle-2 & Another. The appeals were registered as Comp. App. (AT) (Ins) No. 1559 of 2024 (with I.A. No. 5649 & 5650 of 2024), Comp. App. (AT) (Ins) No. 1560 of 2024 (with I.A. No. 5652 & 5653 of 2024), and Comp. App. (AT) (Ins) No. 1965 of 2024. The appellants were represented by advocates Mr. Arun Shukla and Mr. Naman Shukla, while the respondents were represented by advocates Mr. Kirit Hakani, Ms. Niyati Mankad, Mr. Manish Paliwal, and Ms. Megha Yadav.
Final Outcome
The bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical) adjourned the hearing of all three appeals. The order stated "No time left" as the reason for adjournment. The matters have been listed for next hearing on August 5, 2026.
Topics: NCLAT Proceedings, Bank Taxation Dispute