NCLAT Issues Notice to Union Bank in Chaudhari Appeal

Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi

Order Date: 18 August 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) Principal Bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical), heard an interlocutory application (IA No. 5590 of 2026) in the main insolvency appeal (Comp. App. (AT) (Ins) No. 1443 of 2026). The appeal was filed by Vandana Ravindra Chaudhari against Union Bank of India. The appellant was represented by advocates Mr. Avinash R. Khanolkar and Mr. Mahesh Kumar T. Nulolu.

Final Outcome

The Tribunal issued a notice to the respondent, Union Bank of India, and directed the appellant to complete all necessary steps for serving the notice, including payment of process fees, within three days from the order date (i.e., by 21 August 2026). The matter was adjourned and listed for the next hearing under the caption 'For Admission (After Notice)' on 22 September 2026.

Topics: Insolvency Appeal, Banking Dispute, NCLAT Procedure