Case Details

Case Name: CP (IB) No. 104/Chd/hry/2026 - In the matter of Monga Ispat Limited vs Punjab & Sindh Bank

Court/Authority: National Company Law Tribunal Chandigarh Bench (Court - II) (Special Bench)

Bench Composition: Shri. Shishir Agarwal (Member - Technical) and Shri. Mahendra Khandelwal (Member - Judicial)

Order Date: 25 May 2026

Legal Provision: Section 10 of the Insolvency and Bankruptcy Code (IBC) 2016

Parties Involved

Corporate Applicant/Petitioner: Monga Ispat Limited

Respondent: Punjab & Sindh Bank

Legal Representation for Petitioner: Mr. Krishan Vrind Jain, CA and Ms. Ashi Jain, CA

Proceedings

The learned counsel representing the Corporate Applicant appeared before the bench and submitted that in terms of the previous order dated 04 May 2026, all necessary documents have been placed on record.

Final Ruling & Enforcement

The Tribunal has listed the matter for next hearing before the Regular Bench on 05 August 2026.

The order bears the signatures of both Hon'ble Members:

  • Sd/- (Shishir Agarwal) Member (Technical)
  • Sd/- (Mahendra Khandelwal) Member (Judicial)