Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 05.08.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 571 of 2026 filed by Ashok Bankatlal Agrawal, who is identified as the Suspended Director of Omega Premises Pvt. Ltd. The appeal is directed against Bank of Maharashtra Ltd. and another respondent. The proceeding was conducted in hybrid mode. Legal representation was noted with Mr. Daksh Kadian, Mr. Harsh Srivastava, and Ms. Tahira Kathpalia appearing for the Appellant, while Ms. Asmita Aggarwal and Mr. Ankush Rai represented Respondent-1 (Bank of Maharashtra Ltd.). The order provides no substantive details about the nature of the underlying insolvency proceedings, the specific grounds of appeal, or any allegations or disputes between the parties.
Final Outcome
The bench comprising Justice Yogesh Khanna (The Officiating Chairperson) and Member (Technical) Ajai Das Mehrotra issued a procedural order directing that the appeal be listed for hearing on 16.09.2026. No substantive hearing occurred, and no decision was rendered on the merits of the case. The order is purely administrative for scheduling purposes.
Topics: Insolvency Appeal, NCLAT Procedure, Corporate Litigation