Naresh Salecha

Procedural delays are impacting insolvency proceedings at the National Company Law Appellate Tribunal (NCLAT), with multiple hearings adjourned to dates in August and September 2026. Cases involving Devashree Developers, Punjab National Bank, Dwarkesh Transport Corporation, Panache Digilife, and Sandeep Jain versus IDBI Trusteeship are among those postponed due to time constraints. Justice Mohammad Faiz Alam Khan and Naresh Salecha are consistently part of the benches overseeing these matters. These postponements, while routine, introduce uncertainty into the resolution timelines for ongoing corporate insolvency disputes, potentially affecting creditors and debtors alike and highlighting the continued backlog within the Indian judicial system.