Central Bank Insolvency Case Adjourned to August 2026

Authority: National Company Law Tribunal, New Delhi Court-IV

Order Date: 10.07.2026

Case Overview

The National Company Law Tribunal (NCLT), New Delhi Bench-IV, heard an interlocutory application (IA/3466/ND/2024) in the main insolvency matter (IB/158/ND/2024). The application was filed by Central Bank of India under Section 95(1) of the Insolvency and Bankruptcy Code, 2016 against Mr. Joginder Kumar Sehgal. The bench comprised Shri Mahendra Khandelwal (Member Judicial) and Shri Atul Chaturvedi (Member Technical). Advocate Nandini Chouhan represented the Resolution Professional. The hearing was conducted in hybrid mode (physical and video conference).

Final Outcome

The tribunal adjourned the case due to paucity of time. The matter has been rescheduled for hearing on 06.08.2026. The order was signed by Shri Atul Chaturvedi, Member (Technical).

Topics: Insolvency Proceeding, Banking Litigation, NCLT Adjournment