Authority: National Company Law Tribunal, New Delhi Court - IV (Single Bench)
Order Date: 20 July 2026
Case Overview
The National Company Law Tribunal (NCLT), New Delhi Court-IV, heard an application filed by Canara Bank against Tarun Kukreja under Section 95(1) of the Insolvency & Bankruptcy Code, 2016. The matter was listed as Item No. 419 IA/155/ND/2025 in main case IB/620/ND/2024. The hearing was conducted in hybrid mode (physical and video conference). Only the Resolution Presenter, Mr. Rahul Khanna, was physically present for the proceedings. The respondent (Tarun Kukreja) was not noted as present during this hearing.
Final Outcome
The Hon'ble Member (Judicial) Shri Mahendra Khandelwal ordered that the matter be listed before the Division Bench on 20 August 2026 for further proceedings. No substantive decision on the insolvency application was made in this order, which served primarily to adjourn the matter to a future date.
Topics: Insolvency Proceeding, Banking Debt, NCLT Hearing