NCLT Adjourns Bank of Baroda vs Brys Hotels Case

Authority: National Company Law Tribunal, New Delhi Principal Bench

Order Date: 15.07.2026

Case Overview

This matter involves an insolvency petition filed by Bank of Baroda (Petitioner) against Brys Hotels Pvt Ltd (Respondent) under Section 7 of the Insolvency & Bankruptcy Code, 2016 for the initiation of Corporate Insolvency Resolution Process (CIRP). The case bears item number IB-1527(PB)/2018. During the hybrid hearing (physical and video conference), no representative appeared on behalf of the applicant (Bank of Baroda). Representatives for the respondent were present, including Mr. Ruchira Gupta, Adv. for UPSIDA and Mr. Arjun Singh Bhati, Adv. in Cont. P. 12/2025.

Final Outcome

The bench, comprising Justice Anupinder Singh Grewal (Hon'ble President) and Shri Ravindra Chaturvedi (Hon'ble Member (Technical)), adjourned the hearing in the interest of justice. The matter has been listed for the next hearing on 03.08.2026. No substantive order on the insolvency petition was passed due to the non-appearance of the petitioner's counsel.

Topics: Insolvency Proceeding, NCLT Adjournment