Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 15.09.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard two connected appeals filed by Punjab National Bank (Appellant) against corporate debtors. The first appeal, Comp. App. (AT) (Ins) No. 683 of 2026, was filed against Rajaramsevak Multipurpose Cold Storage Pvt. Ltd. (Respondent). The second appeal, Comp. App. (AT) (Ins) No. 752 of 2026, was filed against Siddhi Vinayak Himghar Pvt. Ltd. (Respondent). Both appeals are related to insolvency proceedings. The matter was heard in hybrid mode. Representing the Appellant, Punjab National Bank, were advocates Mr. Vishnu Kant, Raj Nandani, and Sarthak Singh. Representing the Respondents were advocates Diksha Priya, Anshula Grover, Rajesh Upadhayay, and Varshini VS.
Final Outcome
The bench, comprising Officiating Chairperson Justice Yogesh Khanna and Member (Technical) Barun Mitra, adjourned both appeals. The matters are now listed for hearing on 18th November, 2026. No substantive hearing or decision on the merits of the cases occurred in this order.
Topics: Insolvency Appeals, Banking Litigation