Authority: National Company Law Tribunal, New Delhi Court-IV
Order Date: 10.06.2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi Court-IV heard application IA/1458/ND/2025 in matter IB/489/ND/2024. The case involves M/s IDBI Trusteeship Services Limited as the applicant versus Mr. Sandeep Jain as respondent, filed under Section 95(1) of the Insolvency and Bankruptcy Code, 2016. The hearing was conducted in hybrid mode (physical and video conference) before a bench comprising Hon'ble Member (Judicial) Shri Mahendra Khandelwal and Hon'ble Member (Technical) Shri Atul Chaturvedi. Legal representation was present for all parties: Mr. Pranjit Bhattacharya, Ms. Salonee Shukla, and Ms. Shalini Singh represented the applicant; Adv Sakshi Kapoor represented the respondent; and Adv. Abhirup Das Gupta, Adv. Rahul Gupta, Adv. Vagisha Tiwari, and Adv. Rahul Dadhich represented the resolution professional.
Final Outcome
The tribunal adjourned the case to 20.07.2026 due to paucity of time. No substantive hearing on the merits of the insolvency application occurred during this session.
Topics: Insolvency Proceeding, NCLT Hearing, Case Adjournment