Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 09.07.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard two connected insolvency appeals filed against Indian Bank. Company Appeal (AT) (Insolvency) No. 80 of 2026 and Company Appeal (AT) (Insolvency) No. 87 of 2026, along with their respective interlocutory applications (I.A. No. 275 of 2026 and I.A. No. 303 of 2026), were listed before the bench comprising Justice N Seshasayee (Member Judicial) and Arun Baroka (Member Technical).
The appellants in the two appeals are Rina Mumtaz (in Appeal No. 87) and another unnamed appellant (in Appeal No. 80), both challenging orders related to Indian Bank's insolvency proceedings. The respondents in both cases are Indian Bank & Anr. (another respondent).
Legal representation included Mr. Tishampati Sen, Ms. Riddhi Sancheti, Mr. Anurag Anand, Mr. Mukul Kulhari and Mr. Harish Kesariya appearing for the appellants in both cases. For Indian Bank, advocates Mr. Rajesh Kumar Gautam, Mr. Azal Aekram and Ms. Likvi K. Jakhalu represented the respondent.
Final Outcome
The NCLAT bench ordered that both appeals be listed for hearing on August 19, 2026. This is a procedural order that simply adjourns the matter to a future date without making any substantive determinations on the merits of the appeals.
Topics: Insolvency Proceedings, Banking Litigation, NCLAT