Authority: National Company Law Tribunal, New Delhi Court-IV (Special Bench)
Order Date: 16 July 2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi heard an application filed by Indian Bank under Section 95(1) of the Insolvency & Bankruptcy Code, 2016 against respondent Jatinder Pal Singh Chadha. The matter was listed as Item No.419 IA/982/ND/2024 in IB/710/ND/2023. The hearing was conducted in hybrid mode (physical and video conference). Legal representation was present for both parties - Advocate Ashutosh Kumar appeared for the respondent, while a team of advocates including Rajiv Malik, Ms Pratiksha Singh, Ms Mansi Aggarwal, Arun Kumar Verma, and Ms Anushka Shukla represented the resolution professional.
Final Outcome
The special bench comprising Hon'ble Member (Judicial) Shri Mahendra Khandelwal and Hon'ble Member (Technical) Shri Yogendra Kumar Singh adjourned the matter. The case has been listed for the next hearing on 13 August 2026 before the Regular Bench. No substantive decisions or rulings on the merits of the insolvency application were made in this order.
Topics: Insolvency Proceedings, Banking Litigation, NCLT Hearing