Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Order Date: August 31, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi has issued a procedural order in Company Appeal (AT) (Insolvency) No. 1532 of 2026. The appeal has been filed by an individual, K.N. Marzook, against Dhanlaxmi Bank Ltd. and other respondents (Ors.). The nature of the underlying insolvency proceeding is not detailed in this specific order. The appellant was represented by advocates Ms. Megha Karnwal, Mr. Aaditya Thorat, and Mr. Christy J. Philip.
Final Outcome
The bench, comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Mr. Naresh Salecha (Member - Technical), passed an order on the interlocutory application (I.A. No. 5884 of 2026). The tribunal issued formal notice to the respondents, Dhanlaxmi Bank Ltd. & Ors. The appellant's advocates were directed to take all necessary steps for serving this notice, along with the required process fee and other requisites, within three working days from the order date (August 31, 2026). The main appeal has been listed for its next hearing on September 17, 2026. This is a procedural order that initiates the appellate process; no substantive decision on the merits of the case has been made at this stage.
Topics: Insolvency Appeal, Banking Dispute, NCLAT Procedure