Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Order Date: 08 September 2026
Case Overview
This is an interim procedural order in Company Appeal (AT) (Insolvency) No. 1596 of 2026. The Appellant is IDBI Bank Limited, represented by advocates Mr. Anand Varma, Ms. Apoorva Pandey, and Mr. Ayush Gupta. The Respondents are Maya Construction Company Pvt. Ltd., represented through its Liquidator, and Others. The order disposes of an interlocutory application (I.A. No. 6123 of 2026) concerning document submission, permitting the Appellant to file typed copies of documents if necessary, as directed by the Tribunal. After hearing the submissions from the Appellant's counsel, the NCLAT bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical), formed a considered view that the matter requires consideration, leading to the admission of the appeal.
Final Outcome
The NCLAT admitted the appeal and issued a formal notice in the main appeal as well as in the connected stay application (I.A. No. 6122 of 2026). The Appellant was directed to complete all necessary steps for serving the notice, including submitting the process fee and requisites, within three working days from the order date. The appeal has been listed for its next hearing under the caption 'For Admission (After Notice)' on 29 September 2026.
Topics: Insolvency Appeal, Banking Litigation, NCLAT Procedure