# In the matter of Navneet Goenka vs. Union Bank of India & Anr. ,Company Appeal (AT) (Ins.) No. 1534 of 2022

> NCLAT judgment dated 2023-01-03. Citation: TCN-2023-NCLAT-00794. The case involves an appeal before the National Company Law Appellate Tribunal (NCLAT). The…

- **Court:** NCLAT
- **Order date:** 3 Jan 2023
- **Citation:** TCN-2023-NCLAT-00794
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-new-delhi/navneet-goenka-vs-union-bank-of-india-anr-company-appeal-7419a3c6

## Summary

### Background

The case involves an appeal before the National Company Law Appellate Tribunal (NCLAT). The appellant sought to withdraw the appeal.

## Facts

The appellant, Navneet Goenka, filed an appeal before the NCLAT against Union Bank of India & Anr. On January 3, 2023, the appellant's counsel requested permission to withdraw the appeal. The court granted the request, and the appeal was dismissed as withdrawn. The learned counsel for the bank was present during the proceedings.

## Issues and analysis

### Issue 1: Whether the Appellant should be …

**Ratio:** An appellant has the right to withdraw an appeal, subject to the court's discretion and

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**Reasoning:** The court considered the appellant's request to withdraw the appeal and found no reason

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**Interpretation:** The legal principle is that an appellant can withdraw an appeal, and the court

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**Application:** In this case, the appellant requested withdrawal, and the court, exercising its

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## Parties

- **Judges:** Ashok Bh…; Barun M…
- **Appellants:** Navneet G…
- **Respondents:** Union Bank of…

## Timeline

- **2023-01-03 — Appeal With…**: The Appellant's counsel requested permission to withdraw the appeal. The court allowed…

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