Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: June 29, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 961 of 2026 along with I.A. No. 3711 of 2026. The appeal was filed by Vostok Foods Pvt Ltd (Appellant) against Bank of Maharashtra (Respondent). The matter pertains to insolvency proceedings under the Insolvency and Bankruptcy Code. During the hearing conducted in hybrid mode, no representative or counsel appeared on behalf of the appellant company.
Final Outcome
The bench comprising Justice Ashok Bhushan (Chairperson) and Mr. Barun Mitra (Member Technical) adjourned the matter due to non-appearance of the appellant's representation. The case has been listed for the next hearing on July 9, 2026. No substantive arguments were heard and no orders were passed on the merits of the case.
Topics: Insolvency Appeal, Banking Dispute, Legal Adjournment