Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: November 6, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi has consolidated five separate appeals filed by Punjab National Bank (Appellant). The appeals are directed against five individual respondents: Suryakanta Acharya (Company Appeal (AT) (Ins.) No. 1689 of 2025), Atulya Kumar Dash (Company Appeal (AT) (Ins.) No. 1720 of 2025), Pramod Chandra Ratha (Company Appeal (AT) (Ins.) No. 1721 of 2025), Lora Mitra Rath (Company Appeal (AT) (Ins.) No. 1722 of 2025), and Chandra Ratha (Company Appeal (AT) (Ins.) No. 1723 of 2025). The order is signed by Justice Mohammad Faiz Alam Khan, Member (Judicial), and Naresh Salecha, Member (Technical).
Final Outcome
The tribunal did not rule on the substantive matters of the appeals. Due to a lack of available time on November 6, 2026, the bench issued an order adjourning all proceedings. The next hearing for all five consolidated appeals has been scheduled for December 18, 2026.
Topics: NCLAT, Banking Litigation, Adjournment