Authority: National Company Law Tribunal (NCLT), Indore Bench, Court No. 1
Order Date: June 8, 2026
Case Overview
This matter involves an Interlocutory Application (IA/481(MP)/2024) filed within the main insolvency proceeding (CP(IB)/14(MP)/2023). The application was filed by Canara Bank against respondent Sundari Lilwani under Section Rule 11 of the NCLT rules. The proceeding was listed before a bench comprising Hon'ble Member (Technical) Man Mohan Gupta and Hon'ble Member (Judicial) Brajendra Mani Tripathi.
Representation at the hearing included Mr. Mayank Samantray appearing as proxy counsel online on behalf of Ms. Anju Jain, Advocate for the applicant Canara Bank. Ms. Ayushi Patidar appeared as PCA (Proxy Counsel Authorized) online for Bank of Maharashtra. Mr. Adhir Lot appeared as proxy counsel online for the respondent, and the matter was heard ex-parte.
The principal matter before the tribunal was the interlocutory application, though the specific nature of the application is not detailed in this particular order. The only development recorded is a request for adjournment by the applicant's counsel.
Final Outcome
The NCLT bench granted the adjournment request made by the applicant's counsel on the grounds that the arguing counsel was not available. The matter has been rescheduled and will next be heard on July 1, 2026. No substantive decisions on the merits of the case were made in this order.
Topics: NCLT Proceedings, Insolvency Case, Legal Adjournment