Authority: National Company Law Tribunal, New Delhi Principal Bench
Order Date: 08.06.2026
Case Overview
This is an order from the National Company Law Tribunal (NCLT) in an ongoing insolvency proceeding. The petition was filed by Muthoot Fincorp Ltd. (the Petitioner) against Bhawna Lather (the Respondent) under the provisions of the Insolvency and Bankruptcy Code, 2016 (IBC). The specific case item number is RCP (IB)-10(PB)/2024, which was previously registered as CP No. (IB)-213(PB)/2022. The hearing was conducted in a hybrid mode (physical and video conference). The petitioner was represented by advocates Mr. Rudra Deosthli, Mr. Ankur Das, and Ms. Sakshi Pandey. The Resolution Professional (RP) for the case, Mr. Sajjan Kumar Dokania, was also present. The bench was presided over by Justice Anupinder Singh Grewal (Hon'ble President) and Shri Ravindra Chaturvedi (Hon'ble Member - Technical).
Final Outcome
The tribunal granted an adjournment of the hearing. The request was made by the petitioner's counsel on the grounds that their arguing counsel, Mr. Gautam Swaroop, was unavailable due to personal difficulty. Consequently, the NCLT has relisted the main petition along with three interconnected applications (IA-1960/2022, IA-3936/2025, and IA-5715/2025) for the next hearing on 17th August 2026. No substantive decisions on the merits of the insolvency petition were made in this order.
Topics: Insolvency Proceeding, NCLT, Adjournment