Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: July 31, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi heard Comp. App. (AT) (Ins) No. 1187 of 2026 between Unity Small Finance Bank Ltd (Appellant) and Laxmiroop Pvt. Ltd (Respondent). The appeal relates to insolvency proceedings, though the specific nature of the dispute is not detailed in this procedural order. The appellant was represented by advocates Ms. Varsha Banerjee and Mr. Akash Srivastava, while the respondent's appearance was not marked in the records.
Final Outcome
The bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical) adjourned the hearing due to time constraints. The appeal has been listed for the next hearing on August 14, 2026. The order was passed in hybrid mode, allowing both physical and virtual participation.
Topics: NCLAT Proceedings, Banking Litigation, Insolvency Appeal