# In the matter of Ram Kishor Arora Suspended Director of Supertech Ltd. Vs. Union Bank of India & Anr. Company Appeal (AT) (Insolvency) No. 406 of 2022

> NCLAT judgment dated 2022-04-12. Citation: TCN-2022-NCLAT-00694. The case is an appeal before the National Company Law Appellate Tribunal (NCLAT), Principal…

- **Court:** NCLAT
- **Order date:** 12 Apr 2022
- **Citation:** TCN-2022-NCLAT-00694
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-new-delhi/ram-kishor-arora-suspended-director-of-supertech-ltd-vs-union-bank-of-india-anr-0c570b11

## Summary

### Background

The case is an appeal before the National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, concerning an insolvency matter. The appellant is Ram Kishor Arora, a suspended director of Supertech Ltd., and the respondents are Union Bank of India & Anr.

## Facts

Ram Kishor Arora, the suspended director of Supertech Ltd., is the appellant.

Union Bank of India & Anr. are the respondents.

The appeal was heard by the Principal Bench of the NCLAT in New Delhi.

The appellant sought an adjournment to approach the bank.

The NCLAT adjourned the appeal to 19.04.2022.

The IRP was directed not to constitute the CoC until the next hearing date.

## Issues and analysis

### Issue 1: Whether the adjournment request by …

**Ratio:** The court has the discretion to grant

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**Reasoning:** The appellant's counsel requested an adjournment to approach the bank, suggesting a

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**Interpretation:** The court interpreted the request as a reasonable attempt to explore

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**Application:** The court granted the adjournment, balancing the need for expediency with the

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## Parties

- **Judges:** Ashok Bh…; Alok Sriv…; +1 more
- **Appellants:** Ram Kishor…
- **Respondents:** Supertech…; Union Bank of…
- **Other parties:** Union Bank of…
- **Advocates:** Arun Kath…; Abhijeet…; +11 more

## Timeline

- **2022-04-12 — Hearing…**: The appeal was heard, and the…
- **2022-04-19 — Next Hearin…**: The appeal was…

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