Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: October 27, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard two connected appeals (Comp. App. (AT) (Ins) No. 1710 of 2026 and Comp. App. (AT) (Ins) No. 1713 of 2026) involving Sunil Sudhir Kothari as the appellant and Bank of Maharashtra along with another respondent (likely a Resolution Professional based on representation). The appeals appear to relate to corporate insolvency proceedings where Bank of Maharashtra is involved as a financial creditor or other party.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical) granted a two-week extension to the Bank of Maharashtra and the Resolution Professional for filing their reply in the matter. The appeals were listed for next hearing on November 23, 2026. The interim order previously granted in the case shall remain in operation until the next date of listing.
Topics: Insolvency Appeal, Banking Dispute, NCLAT Proceedings