Authority: National Company Law Tribunal, New Delhi, Court VI
Order Date: 08 June 2025
Case Overview
The National Company Law Tribunal (NCLT) in New Delhi heard an insolvency petition filed under Section 94(1) of the Insolvency & Bankruptcy Code, 2016. The applicant is Mr. Shikhar Chandra Jain, and the respondents are HDFC Bank and another party. The hearing was conducted in a hybrid mode (physical and video conference). The bench comprised Justice Jyotsna Sharma (Member - Judicial) and Ms. Anu Jagmohan Singh (Member - Technical). Legal representation was present for all parties: Advocate Bheem Sain Jain for the Applicant, Advocate Shravan Chandrashekhar for the PG, and Advocate Aman Raj Singh along with the Resolution Professional (RP) Amit Talwar for the RP.
Final Outcome
The Tribunal adjourned the matter to 20 July 2026. This adjournment was made on the specific request and with the consent of both sides involved in the case. No substantive decisions on the merits of the insolvency petition were made in this order.
Topics: Insolvency, Banking