Authority: National Company Law Tribunal, New Delhi Court-IV
Order Date: 10 July 2026
Case Overview
The National Company Law Tribunal (NCLT), New Delhi Court-IV, heard an application filed by IDBI Bank Ltd. under Section 95 of the Insolvency and Bankruptcy Code, 2016 against respondent Ramesh Chandra. The case was listed as Item No. 422 IB/814/ND/2024. The hearing was conducted in hybrid mode (physical and video conference). Representing the applicant bank were advocates Mr. Praful Jindal and Mr. Kumar Arnav Singh Deo. The bench comprised Hon'ble Member (Judicial) Shri Mahendra Khandelwal and Hon'ble Member (Technical) Shri Atul Chaturvedi.
Final Outcome
Due to paucity of time, the tribunal adjourned the case to 06 August 2026 for further proceedings. The order was signed by Member (Technical) Shri Atul Chaturvedi.
Topics: Insolvency Proceeding, Banking Litigation, NCLT Adjournment