Authority: National Company Law Tribunal, New Delhi Bench (Court - II)
Order Date: 11 June 2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi Bench heard an application filed by Bank of Baroda against Anil Goel under Section 95(1) of the Insolvency and Bankruptcy Code, 2016. The matter was listed as Item No. 217 with case numbers IB-704/ND/2022 and IA-2152/ND/2026. The bench comprised Hon'ble Member (Judicial) Ashok Kumar Bhardwaj and Hon'ble Member (Technical) Atul Chaturvedi. The hearing was conducted through hybrid mode (both virtual conference and physical appearance). Bank of Baroda was represented by Advocates Devvart Rana and Jyoti Yadav, while State Bank of India was separately represented by Advocates Harshit Khare, Prafful Saini, and Ayuj Agarwal.
Final Outcome
The tribunal did not pass any substantive order on the merits of the case, stating "No time left" in the current hearing session. The matter has been adjourned and listed for the next hearing on 20 July 2026. The order was signed by both members of the bench.
This content may not be financially relevant as it represents a procedural adjournment without any substantive decision on the insolvency application.