Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi

Order Date: September 1, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard two connected appeals:

  • Company Appeal (AT) (Insolvency) No. 299 of 2024: Filed by Patanjali Foods Ltd. (Appellant) against IDBI Bank Ltd. & Anr. (Respondents). The appellant was represented by advocates Mr. S. Kant Bax, Mr. Jasjeet Singh, and Ms. Kinjal Goyal. The respondents were represented by advocates Mr. Rakesh Kumar and Ms. Preeti Kashyap.
  • Company Appeal (AT) (Insolvency) No. 534 of 2024 & I.A. No. 1895, 1896 of 2024: Filed by Dinesh Shahra (Appellant) against IDBI Bank & Ors. (Respondents). The appellant was represented by advocates Mr. Himanshu Satija and Ms. Ripul Swati. The respondents were represented by advocates Mr. Akshay Sapre, Mr. Abhishek Swaroop, Mr. Shriraj K., and Mr. Bharath Krishna.

The order is a brief procedural directive issued by a bench comprising Justice Sharad Kumar Sharma (Member - Judicial), Mr. Arun Baroka (Member - Technical), and Mr. Indevar Pandey (Member - Technical). The nature of the underlying insolvency dispute or the allegations is not detailed in this specific order.

Final Outcome

The tribunal did not rule on the merits of the appeals. The sole directive was to list the matters for the next hearing on October 16, 2026. This is a procedural adjournment.

Topics: Insolvency Appeal, Procedural Adjournment