Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 13 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard an insolvency-related appeal filed by Punjab & Sind Bank against Kunal Structure (India) Pvt. Ltd. The appeal is registered as Company Appeal (AT) (Insolvency) No. 1055 of 2026, with an interconnected Interlocutory Application numbered I.A. No. 4158 of 2026. The appellant bank was represented by advocates Mr. Sanjay Bajaj and Mr. Shivam Takkar. The order was issued in hybrid mode by a three-member bench consisting of Officiating Chairperson Justice Yogesh Khanna, along with Members (Technical) Mr. Barun Mitra and Mr. Ajai Das Mehrotra.
Final Outcome
The NCLAT bench adjourned the matter and listed the appeal for next hearing on October 7, 2026. No substantive hearing or decision on the merits of the case occurred during this proceeding.
Topics: Insolvency Appeal, Banking Litigation, NCLAT Proceeding