NCLAT Grants Time for Affidavit in IDBI Bank Appeal

Case Details

• Case Name: IDBI Bank Ltd. vs Prince Goyal & Shaily Prince Goyal
• Court/Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
• Case Numbers: Comp. App. (AT) (Ins) No. 600 of 2026 and Comp. App. (AT) (Ins) No. 601 of 2026
• Hearing Date: May 5, 2026 (Hybrid Mode)
• Next Listing Date: May 29, 2026

Parties Involved

Appellant:

• IDBI Bank Ltd.

Respondents:

• Prince Goyal (in Comp. App. No. 600 of 2026)
• Shaily Prince Goyal (in Comp. App. No. 601 of 2026)

Legal Representation:

• For Appellant: Mr. N Venkatraman (Ld. ASG), Mr. Krishnendu Datta (Sr. Advocate) with Mr. Anoop Rawat, Mr. Aditya Marwah, Mr. Gaurav Arora, Ms. Diksha Sharma, Ms. Alina Mathew, Advocates
• For Respondents: Mr. Abhijeet Sinha (Sr. Advocate) with Mr. Vishesh Kalra, Ms. Simran Shadija, Advocates

Final Ruling & Enforcement

• The Tribunal granted one week's time to the Respondents to file an Affidavit
• The Appellant is allowed to file a Reply to the Affidavit within one week thereafter
• The Appeal is listed for next hearing on May 29, 2026
• The order was passed by Justice Ashok Bhushan (Chairperson) and Barun Mitra (Member Technical)

This is a procedural order dealing with scheduling and filing timelines for an ongoing insolvency appeal matter. The substantive issues, allegations, and financial implications of the case are not addressed in this particular order.