Authority: National Company Law Tribunal (NCLT), New Delhi Principal Bench
Order Date: 08 June 2026
Case Overview
This is an order in the matter of Muthoot Fincorp Ltd. (Petitioner) versus Bijender Singh Lather (Respondent). The case is registered under RCP (IB)-11(PB)/2024 (Old CP No.(IB)-214(PB)/2022) and involves proceedings under Section 95(1) of the Insolvency and Bankruptcy Code (IBC), 2016. The hearing was conducted in a hybrid mode (physical and video conference). The petitioner was represented by advocates Mr. Rudra Deosthli, Mr. Ankur Das, and Ms. Sakshi Pandey. The Resolution Professional (RP), Mr. Sajjan Kumar Dokania, was also present. The petitioner's counsel requested an adjournment on the grounds that their arguing counsel, Mr. Gautam Swaroop, was unavailable due to personal difficulties. Two Interlocutory Applications (IA-1959/2022 and IA-5713/2025) were also listed for hearing.
Final Outcome
The bench, comprising Justice Anupinder Singh Grewal (Hon'ble President) and Shri Ravindra Chaturvedi (Hon'ble Member - Technical), granted the adjournment. The main petition and the interlocutory applications have been listed for the next hearing on 17 August 2026. No other substantive orders were passed.
Topics: Insolvency Proceeding, NCLT Hearing