Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 28.09.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard a procedural matter in Comp. App. (AT) (Ins) No. 1997 of 2025 along with connected interim applications (I.A. No. 7795, 7796, 7798 of 2025). The appeal has been filed by The Liquidator of City Co-operative Bank Ltd. against respondent Rajnesh Jaiswal, who is identified as the Liquidator of Kandivli Balaji Investment. Learned counsel for both parties submitted that the matter would require approximately 22-25 minutes to conclude final arguments. The respondent's counsel showed urgency in having the matter heard.
Final Outcome
The NCLAT bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical), directed that the appeal be listed for hearing on 08.10.2026 at 3:30 PM. The order was passed in hybrid mode, allowing both physical and virtual appearances.
Topics: NCLAT Proceedings, Cooperative Bank Liquidation, Hearing Schedule