NCLT Adjourns Goenka Diamond Insolvency Hearing

Case Details

• Case Name: Union Bank of India (Erstwhile Corporation Bank) vs. Goenka Diamond and Jewels Ltd.
• Court/Authority: National Company Law Tribunal (NCLT), Jaipur Bench
• Case Number: CP No. (IB)-114/7/JPR/2019
• Interlocutory Application Number: IA No. 243/JPR/2026
• Date of Order: May 20, 2026
• Underlying Law: Petition filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC, 2016).

Parties Involved

• Petitioner/Financial Creditor/Applicant: Union Bank of India (Erstwhile Corporation Bank)
• Respondent/Corporate Debtor: Goenka Diamond and Jewels Ltd.
• Representation for Applicant: Advocates Akarsh Mathur and Tarun Goyal.
• Bench: Hon'ble Ms. Reeta Kohli (Judicial Member) and Hon'ble Ms. Kavita Bhatnagar (Technical Member).

Final Ruling & Enforcement

The National Company Law Tribunal (NCLT) Jaipur Bench, upon a prayer for an adjournment made by the learned counsel for the applicant (Union Bank of India), adjourned the hearing. The matter in IA No. 243/JPR/2026 has been posted to the next date of hearing, which is May 25, 2026. No other directions were issued in this procedural order.