Catalyst Trusteeship vs Sanjay Jalan IBC Petition

Case Details

• Case Name: In the matter of Catalyst Trusteeship Ltd vs Sanjay Jalan
• Petitioner: Catalyst Trusteeship Ltd
• Respondent: Sanjay Jalan
• Court/Authority: National Company Law Tribunal (NCLT), Bengaluru Bench
• Case Numbers: Rest. App. 4/2026 in CP (IB) No.290/BB/2025
• Petition Filed Under: Section 95(1) of the Insolvency and Bankruptcy Code, 2016
• Order Date: 25 May 2026

Parties Involved

• Petitioner: Catalyst Trusteeship Ltd, represented by Ms. Mily Ghosal (Ld. Counsel)
• Respondent: Sanjay Jalan
• Tribunal Bench: Shri. Sunil Kumar Aggarwal (Hon'ble Member - Judicial) and Shri. Radhakrishna Sreepada (Hon'ble Member - Technical)

Final Ruling & Enforcement

The Hon'ble Tribunal heard the Learned Counsel for the Applicant. The order states that a hard copy of the petition is awaited. The matter has been listed for the next hearing on 12 June 2026. No final ruling on the merits of the petition has been delivered in this order.