Authority: National Company Law Tribunal, New Delhi Principal Bench
Order Date: 08 June 2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi Principal Bench heard an insolvency petition filed by Muthoot Fincorp Ltd. against respondent Joginder Singh Lather under Section 95(1) of the Insolvency and Bankruptcy Code, 2016. The case bears the current number RCP (IB)-14(PB)/2024 (Old CP No.(IB)-217(PB)/2022). During the hearing, the petitioner's counsel requested an adjournment on the grounds that their arguing counsel, Mr. Gautam Swaroop, was unavailable due to personal difficulties. Three interlocutory applications (IA-1961/2022, IA-4123/2025, and IA-5740/2025) were also listed for hearing in connection with this matter.
Final Outcome
The bench comprising Justice Anupinder Singh Grewal (President) and Shri Ravindra Chaturvedi (Member Technical) granted the adjournment and listed the main petition along with all three interlocutory applications for the next hearing on 17 August 2026. The hearing was conducted in hybrid mode (physical and video conference).
Topics: Insolvency Proceeding, NCLT Hearing, Adjournment