Authority: National Company Law Appellate Tribunal, Chennai (Justice Sharad Kumar Sharma, Member (Judicial) and Jatindranath Swain, Member (Technical))
Order Date: 12.10.2026
Case Overview
This is an order from the National Company Law Appellate Tribunal (NCLAT) in Chennai concerning Company Appeal (AT) (CH) (Ins) No. 180/2024. The appellant is Punjab National Bank, represented by its AGM, Mr. P.V. Lakshmi Narayanan. The respondents are Pankaj Srivastava & Anr. The appeal was listed for hearing on October 12, 2026. The counsel for the appellant, Mr. Varun Srinivasan, stated that he had joined the proceedings that day and was therefore not in a position to argue the appeal, leading him to seek an adjournment on personal grounds. The counsel for the first respondent, Mr. Abishek Anand, did not oppose this request for an adjournment.
Final Outcome
The Tribunal granted the adjournment. The company appeal has been adjourned and is directed to be listed in the first week of November 2026, specifically on November 2, 2026. The order also states that any interim order previously issued would continue to operate until the next date of listing.
Topics: NCLAT, Adjournment, Banking Litigation