Authority: National Company Law Tribunal, Indore Bench, Court No. 1
Order Date: 08/06/2026
Case Overview
The National Company Law Tribunal (NCLT) Indore Bench heard Interlocutory Application No. IA/482(MP)2024 within the main Company Petition CP(IB)/15(MP)2023. The application involves Canara Bank as the applicant and Dinesh Lilwani as the respondent in proceedings under Section Rule 11. The matter was listed before the bench comprising Hon'ble Shri Brajendra Mani Tripathi (Member Judicial) and Hon'ble Shri Man Mohan Gupta (Member Technical).
Representation included Mr. Mayank Samantray appearing as proxy counsel online on behalf of Ms. Anju Jain, Advocate for the applicant Canara Bank. Ms. Ayushi Patidar appeared as PCA (Online) for Bank of Maharashtra. The respondent, Dinesh Lilwani, was represented ex-parte by Mr. Adhir Lot, Proxy Advocate (Online).
The applicant's counsel sought an adjournment on the grounds that the arguing counsel was not available for the hearing on June 8, 2026.
Final Outcome
The NCLT bench granted the adjournment request and rescheduled the matter for hearing on July 1, 2026. The order was signed by both members of the bench.
- Topics: Corporate Insolvency, Banking Litigation, Legal Proceedings