Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 10 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi, issued a procedural order in Company Appeal (AT) (Insolvency) No. 1451 of 2026. The appeal has been filed by Kotak Mahindra Bank Ltd. as the appellant against Sachdeva and Sons Rice Mills Ltd. as the respondent. The matter was heard by a three-member bench consisting of Justice Yogesh Khanna (Officiating Chairperson), Barun Mitra (Member - Technical), and Ajai Das Mehrotra (Member - Technical). The appellant bank was represented by advocates Abhwaj Agrawal and Piyush Bhardwaj. The proceedings were conducted in hybrid mode.
Final Outcome
The NCLAT bench listed the appeal for hearing on 14th August, 2026. This is a procedural order that schedules the next hearing date without addressing the substantive merits of the appeal. The nature of the underlying dispute between the bank and the rice milling company is not detailed in this order.
Topics: NCLAT Proceedings, Banking Litigation, Insolvency Appeal