Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 27 October 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard two connected appeals filed by RBL Bank Ltd. The first appeal was registered as Comp. App. (AT) (Ins) No. 429 of 2026, where RBL Bank was the appellant against respondents Pravin Ramesh Khambe and Another. The second appeal was Comp. App. (AT) (Ins) No. 514 of 2026 & I.A. No. 1988 of 2026, where RBL Bank was the appellant against respondents Sanjay Vasant Kavatkar and Another. The bench was composed of Justice Yogesh Khanna, the Officiating Chairperson, and Barun Mitra, Member (Technical). Legal representation for the appellant, RBL Bank, was provided by Mr. Nitai Agarwal and Mr. Abhyuday Pratap Singh. The respondents were represented by Adv. Eshna Kumar, Adv. Astha Aggarwal, Adv. Muskan Abbari, and Adv. Harsh Tandon.
Final Outcome
The bench adjourned the hearing of both appeals due to a lack of available time. The matters were relisted for a future hearing on 21st January, 2027. No substantive order on the merits of the appeals was passed on this date.
Topics: NCLAT, Adjournment, Banking Litigation