Aban Offshore Appeal Deferred by NCLAT; Hearing Scheduled for July 13, 2026
The National Company Law Appellate Tribunal (NCLAT) in Chennai has deferred a hearing regarding a key appeal involving Aban Offshore Ltd., with the matter scheduled for re-adjudication in mid-July.The Appeal, identified as Company Appeal (AT) (CH) (Ins) No.477/2025 (IA Nos. 1357, 1358 & 1359/2025), pits Reji Abraham, the Suspended Managing Director of Aban Offshore Ltd., against Punjab National Bank and another party.
The order was issued by the NCLAT on June 02, 2026. During the hearing, the counsel for the Appellant presented several subsequent developments that were deemed relevant to the proper adjudication of the appeal's merits. Following review, the Tribunal deferred further hearings until the second week of July.
The current interim order dated January 21, 2026, will remain in operation pending the next hearing date.
Key details regarding the NCLAT matter are presented below:
| Detail | Information |
|---|---|
| Case Name | Reji Abraham vs Punjab National Bank & Anr. |
| Appeal Reference | Company Appeal (AT) (CH) (Ins) No.477/2025 |
| Hearing Date Scheduled | July 13, 2026 |
| Interim Order Validity | Continues until the next hearing |
The matter concerns the appeal while Aban Offshore Limited is undergoing Corporate Insolvency Resolution Process (CIRP) under the provisions of the relevant law, which was initiated following an order by the Hon'ble NCLT dated September 01, 2025.
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