Nippon Ispat and PNB NCLAT Appeals Adjourned to July 2026

Case Details

This data consists of a procedural order from the National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi. The order pertains to two interconnected Company Appeals:

• Case Name: Comp. App. (AT) (Ins) No. 421 of 2025 & Comp. App. (AT) (Ins) No. 504 of 2025
• Court/Authority: National Company Law Appellate Tribunal (NCLAT)
• Order Date: May 25, 2026
• Next Listing Date: July 9, 2026

Parties Involved

Appellants in Comp. App. (AT) (Ins) No. 421 of 2025:

• Nippon Ispat Pvt. Ltd. (Formerly Known as Devkripa Ispat Pvt. Ltd. & Anr.)

Respondents in Comp. App. (AT) (Ins) No. 421 of 2025:

• Punjab National Bank Ltd. & Ors.

Appellant in Comp. App. (AT) (Ins) No. 504 of 2025:

• Punjab National Bank

Respondents in Comp. App. (AT) (Ins) No. 504 of 2025:

• Dev Kripa Ispat Pvt. Ltd. & Ors.

Legal Representatives Present:

• For Appellants (Nippon Ispat): Mr. Nikhil Kr. Verma, Mr. Kapil Sharma, Ms. Kamna Singh, Mr. Vishal Nagpal & Ms. Nidhi Chaudhary, Advocates.
• For Respondents (PNB in first appeal): Mr. Anupam Singh & Mr. Karan Gandhi, Advocates.
• For the Resolution Professional (RP): Mr. Rakesh K. Singala, Advocate.

Final Ruling & Enforcement

The tribunal did not pass any substantive order on the merits of the appeals. The order states that there was 'no time left' to hear the matters on the scheduled date. The final direction was purely procedural: "List these appeals on 09.07.2026." The appeals were adjourned to this new date. No findings, observations, penalties, settlements, or corrective actions were discussed or ordered in this specific document.