Company Appeal No. 1547 of 2026 involving a suspended board member was dismissed as withdrawn upon the appellant's counsel request, with no objection from the respondent.
The appeal was dismissed as withdrawn.
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NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI
Company Appeal (AT) (Insolvency) No. 1547 of 2026 & I.A. No.5936 of 2026
IN THE MATTER OF:
Prakash Kumar Damani Member of the Suspended Board of Directors of APL Metals Ltd. …Appellant
Versus
Indian Bank & Anr. …Respondents
Present: For Appellant : Mr. Patita Paban Bishwal, Ms. Swastikaa Roy, Advocates.
For Respondents : Mr. Ishaan Roy Chowdhary, Mr. Santosh Kurma Ray, Ms. Ashmita Lohia, Ms. Srishti Nahan, Ms. Muskan, Advocates for R-1. Ms. Sannoyee Chakravorty, Ms. Komal Agarwal, Advocates for R-2 (RP).
O R D E R (Hybrid Mode)
03.09.2026: Shri Patita Paban Bishwal, learned counsel at the outset submits that he is representing the Appellant and is making a statement, on instructions, that the aforesaid appeal be dismissed as withdrawn.
No objection in this regard has been made on behalf of Respondent
No.1.
Having regard to the request made by learned counsel for the Appellant, the aforesaid appeal is dismissed as withdrawn.
[Justice Mohammad Faiz Alam Khan] Member (Judicial)
[Naresh Salecha] Member (Technical)
Archana/mr
Prakash Kumar Damani
Indian Bank
Anr.
Mohammad Faiz Alam Khan
Naresh Salecha
As recorded by the court registry
An application for interim relief made while the main matter is pending.
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