Authority: National Company Law Tribunal (NCLT), Jaipur Bench
Order Date: July 07, 2026
Case Overview
This is an interim order in an ongoing insolvency proceeding. The Financial Creditor, Union Bank of India (erstwhile Corporation Bank), filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) against the Corporate Debtor, Goenka Diamond and Jewels Ltd. The specific application being heard is IA No. 324/JPR/2026 in the main case CP No. (IB)-114/7/JPR/2019. The hearing was conducted via a web-based video conferencing platform before a bench consisting of a single Judicial Member, Hon'ble Ms. Reeta Kohli. Counsel for the applicant, Akarsh Mathur and Tej Pratap Singh, were present.
Final Outcome
The tribunal adjourned the hearing on the request of the counsel for the applicant. The matter has been postponed and is now listed for hearing on July 21, 2026. The proceedings remain pending.
Topics: Insolvency Proceeding, NCLT, Banking Dispute