Authority: National Company Law Tribunal, New Delhi Court-IV
Order Date: June 10, 2026
Case Overview
The National Company Law Tribunal (NCLT), New Delhi Court-IV, heard an interlocutory application (IA/155/ND/2025) in the main insolvency case (IB/620/ND/2024). The case involves Canara Bank as the applicant filing against respondent Tarun Kukreja under Section 95(1) of the Insolvency & Bankruptcy Code, 2016. The matter was heard through hybrid mode (physical and video conference) before a bench comprising Hon'ble Member (Judicial) Shri Mahendra Khandelwal and Hon'ble Member (Technical) Shri Atul Chaturvedi. Representation included Advocate Raakhi Sahijpal for the applicant (Canara Bank) and Advocate Aman Raj Singh for the Resolution Professional.
Final Outcome
The tribunal adjourned the case to July 20, 2026, citing "paucity of time" as the reason for the adjournment. The order was signed by Member (Technical) Shri Atul Chaturvedi.
Topics: Insolvency Proceeding, Banking Litigation