Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 17 July 2026
Case Overview
This is a procedural order from the National Company Law Appellate Tribunal (NCLAT) concerning Company Appeal (AT) (Insolvency) No. 1159 of 2025 along with an Interlocutory Application (I.A. No. 4529 of 2025). The appeal has been filed by Gajesh Labhchand Jain in his capacity as the Liquidator of Capacite Structures Ltd. The respondent in the matter is Saraswat Co-Operative Bank Ltd. The nature of the underlying dispute is related to the insolvency proceedings of Capacite Structures Ltd. The order was passed in a hybrid hearing mode. The appellant was represented by advocates Mr. Mohit Rohatgi, Mr. Ravin Kapur, Mr. Karan Trehan, and Ms. Nida Basade. There was no representation for the respondent, Saraswat Co-Operative Bank Ltd., at this hearing.
Final Outcome
The NCLAT bench, comprising Justice N Seshasayee (Member - Judicial), Mr. Arun Baroka (Member - Technical), and Mr. Indevar Pandey (Member - Technical), did not rule on the merits of the appeal. The sole outcome of this order was to list the matter for its next hearing on 07 August 2026, and it was designated as 'High on Board' for that date. The final ruling on the appeal is pending.
Topics: Insolvency, NCLAT Proceedings