• Jerath Cosmetology LLP filed a voluntary insolvency petition under Section 10 of IBC 2016 against Indian Overseas Bank.
• The National Company Law Tribunal Chandigarh Bench heard the matter on May 5, 2026.
• The Tribunal granted an adjournment request as respondent's counsel was appearing in High Court.
• The case has been rescheduled for next hearing on June 29, 2026.