Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 31 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard five connected insolvency appeals filed by The Solapur District Central Cooperative Bank Ltd against individual respondents. The appeals are numbered Company Appeal (AT) (Insolvency) Nos. 381, 382, 383, 386, and 387 of 2026, each with corresponding interim applications. The appellant bank is challenging orders related to insolvency proceedings against Vilas Dagduappa Renke (CA 381/2026), Alka Sudhir Sopal (CA 382/2026), Ujwala Yogesh Sopal (CA 383/2026), Yogesh Sudhir Sopal (CA 386/2026), and Sudhir Gangadhar Sopal (CA 387/2026). The bench comprised Justice Yogesh Khanna (Officiating Chairperson), Barun Mitra (Member Technical), and Ajai Das Mehrotra (Member Technical).
Final Outcome
The tribunal issued procedural directions, ordering the appellant to file a rejoinder within four weeks from August 31, 2026. Respondents' counsel in appeals 381, 382, 383, and 387 reported technical difficulties accessing the appeal paper book and application documents due to format issues. The tribunal directed the appellant to resend these documents in an accessible format. All five appeals were adjourned and listed for next hearing on October 14, 2026. No substantive decisions on the merits of the insolvency matters were made in this order.
Topics: NCLAT Proceedings, Cooperative Bank Litigation, Insolvency Appeals