Case Details
Case Name: Madan Keshavrao Atkare Versus Tata Capital Ltd., Through Navin Malik & Anr. (With Connected Matter: Dinesh Keshawrao Atkare & Anr. Versus Palak Swapnil Desai & Ors.)
Court/Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Case Numbers: Comp. App. (AT) (Ins) No. 496 of 2025 (Lead Matter) and Comp. App. (AT) (Ins) No. 174 of 2025 (Connected Matter)
Order Date: 27 May 2026
Parties Involved
Appellants:
- Madan Keshavrao Atkare (in lead matter)
- Dinesh Keshawrao Atkare & Another (in connected matter)
Respondents:
- Tata Capital Ltd., Through Navin Malik & Another (in lead matter)
- Palak Swapnil Desai & Others (in connected matter)
Legal Representation:
- For Appellants: Mr. Rony John, Mr. Amay Bahri, Advocates
- For Respondents: Ms. Ekta Bhasin, Ms. Aastha Trivedi, Advocates for Respondent 1 (Tata Capital Ltd.) in lead matter and for Respondent 3 in connected matter
- Ms. Salomi Kalwade, Advocate for Respondent 3 in connected matter
Final Ruling & Enforcement
The National Company Law Appellate Tribunal, through Chairperson Justice Ashok Bhushan and Member (Technical) Barun Mitra, issued a procedural order listing both connected appeals for hearing on July 21, 2026. The order was passed in hybrid mode and contains no findings on merits, allegations, violations, or penalties at this stage. The matter remains pending before the tribunal for future hearing.