Authority: National Company Law Tribunal, New Delhi Court-IV
Order Date: 10 July 2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi heard an interlocutory application (IA/3470/ND/2024) in the main insolvency case (IB/153/ND/2024). The application was filed by Central Bank of India under Section 95(1) of the Insolvency and Bankruptcy Code, 2016 against Mr. Sandeep Sehgal as the respondent. The bench comprised Shri Mahendra Khandelwal (Member Judicial) and Shri Atul Chaturvedi (Member Technical). Advocate Nandini Chouhan represented the applicant. The hearing was conducted in hybrid mode (both physical and video conference).
Final Outcome
The tribunal adjourned the case to 6 August 2026 due to paucity of time. No substantive hearing or decision on the merits of the insolvency application occurred during this proceeding.
Topics: Insolvency, Banking