NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI Company Appeal (AT) (Insolvency) No. 473 of 2026 IN THE MATTER OF:

Dr. Amit Anant Wagh …Appellant Versus Canara Bank & Anr. …Respondent Present:

For Appellant : Mr. Ramchandra Madan, Mr. Tushar Nigam, Mr.

Himanshu Yadav, Advocates.

For Respondents :

O R D E R

(Hybrid Mode)

13.05.2026: This appeal has been filed against order dated 29.01.2026 by which Section 7 application filed by the Canara Bank has been admitted. The Corporate Debtor is a running hospital. Appeal was taken on 12.03.2026, observations made in Paras No. 3, 4, 5 and 6 of order dated 12.03.2026 are as follows:

“3. Learned Counsel for the Appellant submits that in view of the aforesaid settlement proposal which has been noticed and principally agreed by the CoC an application under Section 12A is to be filed for withdrawal of the CoC on finalization of the terms. It is submitted that the Corporate Debtor is running the hospital where patients were admitted and running of the hospital is essential for the Corporate Debtor.

the Appeal need to be taken after three weeks to

Cont’d…/

enable the Appellant to bring Settlement Terms on record.

5. Let ‘Notice’ be issued t