Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: August 24, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard arguments in Comp. App. (AT) (Ins) No. 1286 of 2026, an appeal filed by Siddharth Satish Katariya, former director of Superfine Metals Pvt Ltd, against Central Bank of India and another respondent. The tribunal concluded oral arguments from both parties and reserved its judgment.
The appellant was represented by Senior Advocate Mr. K. Datta along with multiple advocates, while the respondents were represented by advocates for the IRP (Interim Resolution Professional) and Senior Advocate Mr. Kunal Tandon for Central Bank of India.
Final Outcome
The tribunal reserved judgment and directed that if parties wish to file written submissions, they may do so by August 25, 2026, by 4:00 PM. The written submissions are limited to 3-4 pages in Times New Roman font size 14 and should cite relevant case laws and judgment paragraphs. The final ruling has not been delivered yet.
Topics: NCLAT Proceedings, Corporate Insolvency, Banking Dispute