Case Details
Case Name: Oriental Bank of Commerce vs M/s. Piyush Colonisers Ltd. & Ors.
Court/Authority: National Company Law Tribunal, New Delhi Court-III (Division Bench)
Case Number: IB-449(PB)/2019, CA-2346/2019
Order Date: 19 May 2026
Nature of Petition: Petition under Section 7 of the Insolvency and Bankruptcy Code, 2016
Parties Involved
Petitioner/Applicant: Oriental Bank of Commerce
Respondent: M/s. Piyush Colonisers Ltd. & Ors.
Representation for Applicant: Mr. Sanchit Garga, Ms. Rajshree Chaudhary, Mr. Shashwat Jaiswal (Advocates)
Bench Members: Shri Bachu Venkat Balaram Das (Hon'ble Member - Judicial), Shri Ravindra Chaturvedi (Hon'ble Member - Technical)
Proceedings
The matter was listed with multiple interim applications: IA-5269/2025, IA-3094/2025, IA-2231/2025, IA-2233/2025, IA-2240/2025, IA-2241/2025, IA-2246/2025, IA-2281/2025, IA-2471/2020, IA-2676/2020, IA-4243/2020, IA-2480/2020, IA-2476/2020, IA-2484/2020, IA-5943/2024.
The hearing was conducted in hybrid mode (physical and video conference).
Final Ruling
Due to paucity of time, the matter was adjourned to 14 July 2026. The order was signed by Shri Ravindra Chaturvedi (Member - Technical).
This order represents a procedural adjournment without substantive ruling on the insolvency petition. No findings, observations, penalties, or corrective actions were determined at this hearing.