Authority: National Company Law Tribunal, Kolkata Bench - Court II

Order Date: 29th June 2026

Case Overview

The National Company Law Tribunal (NCLT) Kolkata Bench heard matter CP (IB)/54(KB)2025 along with connected applications IA(I.B.C)/548(KB)2026 and IA(I.B.C)/758(KB)2025. The case involves Bank of India as the petitioner filing an insolvency petition under Section 95(1) of the Insolvency and Bankruptcy Code against respondent Harish Bagla. The Special Bench comprising Hon'ble Member (Judicial) Shri Cheekati Radha Krishna and Hon'ble Member (Technical) Ms. Rekha Kantilal Shah noted that the regular bench was unavailable on the hearing date of June 29, 2026.

Final Outcome

The matter has been adjourned and listed for hearing before the Regular Bench on August 6, 2026. No substantive proceedings or decisions on the merits of the insolvency petition occurred during this hearing.

Topics: Insolvency Proceedings, Banking Litigation, NCLT Adjournment