NCLT Adjourns Canara Bank Insolvency Petition

Case Details

Case Name: Canara Bank vs. Niharika Goel

Court/Authority: National Company Law Tribunal (NCLT), New Delhi Bench (Court – II)

Case Number: IB-511/ND/2024

Interlocutory Application Number: IA-6226/ND/2025

Date of Order: 22 May 2026

Governing Law: Section 95(1) of the Insolvency and Bankruptcy Code (IBC), 2016

Parties Involved

Petitioner/Applicant: Canara Bank

Respondent: Niharika Goel

Representation: Advocate Shivam Gautam was present for the Resolution Professional (RP).

Final Ruling & Enforcement

The National Company Law Tribunal (NCLT) New Delhi Bench, comprising Hon'ble Member (Technical) Sh. Atul Chaturvedi and Hon'ble Member (Judicial) Sh. Ashok Kumar Bhardwaj, issued an adjournment order. The hearing was conducted in a hybrid mode (Virtual and Physical).

The order simply states: "No time left. List on 09.07.2026."

The matter has been adjourned and is now listed for the next hearing on 9th July 2026. No findings, observations, penalties, or directions were issued in this specific order.