Authority: National Company Law Tribunal, New Delhi Court-VI
Order Date: 08 June 2026
Case Overview
The National Company Law Tribunal (NCLT), New Delhi Court-VI, heard an insolvency petition filed by Bank of Maharashtra against Mr. Raj Kumar Gupta. The proceedings were initiated under Section 95(1) of the Insolvency and Bankruptcy Code, 2016. The case was listed under item number IB-163/ND/2023 with application number IA/2407/2024. The hearing was conducted in hybrid mode (physical and video conference). The bench comprised Hon'ble Member (Judicial) Justice Jyotsna Sharma and Hon'ble Member (Technical) Ms. Anu Jagmohan Singh. Representatives for the petitioner (Bank of Maharashtra) and the Resolution Professional were present through advocates.
Final Outcome
Due to paucity of time, the tribunal adjourned the matter. The next hearing is scheduled for 21st July 2026. The order was signed by Member (Technical) Ms. Anu Jagmohan Singh.
Topics: Insolvency Proceeding, Banking Litigation, NCLT Adjournment