Authority: National Company Law Tribunal Chandigarh Bench (Court – II) (Special Bench)
Order Date: 13th July 2026
Case Overview
The Corporate Applicant, Amar Singh & Sons Tree Nuts LLP, has filed an application under Section 10 of the Insolvency and Bankruptcy Code, 2016 (CP (IB) No. 268/Chd/J&K/2024), seeking initiation of the Corporate Insolvency Resolution Process (CIRP). The matter was listed before the Special Bench of the NCLT Chandigarh. The Corporate Applicant was represented by advocates Mr. Sinha Shrey Nikhilesh and Mr. Swastik Verma. The Respondent Bank, J and K Bank, was represented by advocate Mr. Manish Luthra.
Final Outcome
The Special Bench, comprising Hon'ble Member (Technical) Shri. Shishir Agarwal and Hon'ble Member (Judicial) Shri. K. Biswal, did not proceed with a substantive hearing on the merits of the application. The bench issued a procedural order to adjourn the matter. The case has been directed to be listed before the Regular Bench of the NCLT Chandigarh on the next date of hearing, which is 21st July 2026.
Topics: Insolvency, NCLT Proceedings