Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: November 4, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 826 of 2026, which is an appeal filed by Bank of Baroda against Viniet Kewalchand Jain, who is identified as the personal guarantor to two corporate debtors: Two CD-Datsun Fashion Ltd. and Rolson Synthetics Pvt. Ltd. The proceedings were conducted in hybrid mode. The bench consisted of Justice Yogesh Khanna (Officiating Chairperson), Barun Mitra (Member - Technical), and Ajai Das Mehrotra (Member - Technical).
Final Outcome
The tribunal noted that there was no time left to hear the appeal on November 4, 2026. Consequently, it ordered that the appeal be listed for hearing on January 27, 2027. No substantive hearing or decision on the merits of the case occurred during this proceeding.
Topics: Insolvency Proceedings, Personal Guarantor, Bank Appeal