Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi

Order Date: 19 August 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi heard Comp. App. (AT) (Ins) No. 18 of 2025, an appeal filed by the Small Industries Development Bank of India (SIDBI) against Hitesh Subhash Punjani. The appellant was represented by advocates Ms. Bharti Nawlani and Ms. Riddhi Vora, while the respondent's appearance was not marked on the record.

Final Outcome

The tribunal noted "No time left" and adjourned the hearing. The appeal has been listed for the next hearing on 30 September 2026. The order was passed in hybrid mode by a bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical).

Topics: NCLAT, Insolvency Appeal, Adjournment