Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: July 1, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard two interconnected insolvency appeals involving BBT Elevated Road Private Limited.
Comp. App. (AT) (Ins) No. 781 of 2026 was filed by the Committee of Creditors of BBT Elevated Road Private Limited, represented through Canara Bank, against HDFC Bank Ltd. and another respondent.
Comp. App. (AT) (Ins) No. 789 of 2026 was filed by BBT Elevated Road Private Limited represented by its Liquidator Pratim Bayal against HDFC Bank Ltd. and others.
The appeals were presented before a bench comprising Justice Ashok Bhushan (Chairperson) and Barun Mitra (Member Technical). Representation included Ms. Anju Jain, Mr. Hitesh Sachar, and Adv. Rifat Touhid for the appellants; Mr. Vaijayant Paliwal, Adv. Deepanjan Dutt Roy, Ms. Kirti Gupta, and Ms. Sanjana Jha for respondents; and Mr. Shivam Gautam for Respondent 2 in the first appeal.
The order is purely procedural and does not contain any discussion of the substantive legal or financial issues in the case. No background of the dispute, allegations, or legal questions were addressed in this particular hearing.
Final Outcome
The Tribunal granted the prayer for adjournment and listed both appeals for hearing on July 17, 2026. No substantive rulings, penalties, settlements, or directions were issued in this order.
Topics: Insolvency Proceedings, Creditor Disputes, NCLAT