Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 13 October 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard three connected appeals filed by individuals against Tata Capital Ltd. and another respondent. The appeals are Comp. App. (AT) (Ins) No. 1340 of 2026 (Lokmani Jain vs. Tata Capital Ltd. & Anr.), Comp. App. (AT) (Ins) No. 1355 of 2026, and Comp. App. (AT) (Ins) No. 1356 of 2026 (Ashit Jain and Amitabh Jain vs. Tata Capital Ltd. & Anr.). The nature of the dispute involves insolvency proceedings, as indicated by the "(Ins)" designation in the case numbers. The bench noted that there was no time left to hear the matters on the scheduled date.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical) adjourned all three appeals to 27 November 2026 for further hearing. No substantive rulings or decisions on the merits of the cases were made in this order.
Topics: Insolvency Proceedings, NCLAT Adjournment, Financial Services