Authority: National Company Law Tribunal Kolkata Bench (Hon'ble Member (Judicial) Shri Vinay Goel and Hon'ble Member (Technical) Ms. Rekha Kantilal Shah)

Order Date: 29th June 2026

Case Overview

The National Company Law Tribunal (NCLT) Kolkata Bench heard matter CP (IB)/95(KB)2024 IA(I.B.C)/601(KB)2026, which is an insolvency petition filed by Central Bank of India Limited against Jainco Automotive Pvt Ltd under Section 7 of the Insolvency and Bankruptcy Code (IBC). The hearing took place on 29th June 2026 with representation from both parties - the applicant (Central Bank of India) represented by advocates Mr. Rabindra Kr. Mitra and Ms. Ankita Choudhury, and the Interim Resolution Professional (IRP) represented by Ms. Pooja Agrawal, Advocate and Mr. Subodh Kumar Agrawal, CA.

Final Outcome

The bench noted that the regular bench was not available on the hearing date. Consequently, the matter has been adjourned and rescheduled for consideration before the regular bench on 29th July 2026. No substantive proceedings or decisions on the merits of the insolvency petition occurred during this hearing.

Topics: Insolvency Proceedings, Banking Sector, NCLT Adjournment