Central Bank of India 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 Court-IV, heard an interlocutory application (IA/3472/ND/2024) in the main insolvency case (IB/157/ND/2024). The application was filed by Central Bank of India as the applicant against Mrs. Janak Sehgal as the respondent under Section 95(1) of the Insolvency & Bankruptcy Code, 2016. The bench comprised Shri Mahendra Khandelwal (Member Judicial) and Shri Atul Chaturvedi (Member Technical). Legal representation was present for the parties, with Adv Nandini Chouhan appearing. The hearing was conducted in hybrid mode (physical and video conference).

Final Outcome

Due to paucity of time, the tribunal adjourned the case to 06.08.2026 for further hearing. No substantive decisions on the merits of the insolvency application were made in this order.

Topics: Insolvency Proceeding, Banking Debt, Adjournment