Authority: National Company Law Tribunal, Court-V, Mumbai Bench
Order Date: June 9, 2026
Case Overview
The National Company Law Tribunal (NCLT) Mumbai Bench heard matter IA/4726/2025 in connection with C.P. (IB)/295(MB)2022. This is an insolvency petition filed by Kotak Mahindra Bank Limited against Hybro Foods Private Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016. The bench comprised Judicial Member Ashish Kalia and Technical Member Charanjeet Singh Gulati. The respondent's counsel, Advocate Sarosh Damannia, appeared through virtual mode.
Final Outcome
The matter was adjourned to July 16, 2026 due to paucity of time and on the specific request of the counsel for the respondent. The adjournment was granted without any substantive hearing on the merits of the case.
Topics: Insolvency Proceeding, Banking Dispute, Corporate Debt