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 matter IB-161/ND/2023 IA/2115/2024 involving Bank of Maharashtra as the petitioner and Mr. Kapil Gupta as the respondent. The proceedings were conducted under Section 95(1) of the Insolvency and Bankruptcy Code, 2016. 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. Representation included Mr. Ravi, Advocate for the Petitioner/Applicant and Ms. Nibruti Samal, Advocate for the Resolution Professional.
Final Outcome
The tribunal adjourned the matter to 21 July 2026 due to paucity of time. The order was signed by Ms. Anu Jagmohan Singh, Member (Technical).
Topics: Insolvency Proceedings, Banking Litigation, NCLT Adjournment