Authority: National Company Law Tribunal, New Delhi Court - IV
Order Date: 10.07.2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi heard an application filed by Canara Bank against Neel Kamal Poddar under Section 95(1) of the Insolvency & Bankruptcy Code, 2016. The matter was listed as Item No. 420 IB/304/ND/2025. The hearing was conducted in hybrid mode (physical and video conference). Canara Bank was represented by advocates Hitesh Sachar, Anju Jain, Bhawna Prajapati, and Rifat Touhid. The bench comprised Hon'ble Member (Judicial) Shri Mahendra Khandelwal and Hon'ble Member (Technical) Shri Atul Chaturvedi.
Final Outcome
The tribunal adjourned the matter to 06.08.2026 due to paucity of time. The order was signed by Member (Technical) Shri Atul Chaturvedi. The insolvency proceedings remain pending and will be taken up on the next date of hearing.
Topics: Insolvency Proceedings, Legal Adjournment