Authority: National Company Law Tribunal, Court Room No. 1, Mumbai Bench, Single Bench
Order Date: 18 June 2026
Case Overview
The National Company Law Tribunal (NCLT) Mumbai Bench, presided over by Hon'ble Member (Judicial) Sh. Sushil Mahadeorao Kochey, heard an appeal filed by NKGSB Co-operative Bank Ltd. The appeal was registered as Appeal No. 233(MB)2026 (in 2709138047322026) and was filed under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, and Rule 63 of the National Company Law Tribunal Rules, 2016. The proceedings were a hearing to address defects in the appeal filing by the appellant bank.
Final Outcome
The NCLT granted NKGSB Co-operative Bank Ltd a final opportunity of one week, starting from the date the order is uploaded on the portal, to remove all defects from its appeal and upload a defect-free copy on the DMS Portal. The tribunal explicitly stated that failure to comply with this condition would nullify the effect of the order, resulting in the automatic dismissal of Appeal No. 233 of 2026. With these directions, the appeal was allowed and disposed of.
Topics: NCLT Order, Cooperative Bank, Legal Procedure