Case Details
Case Name: Punjab and Sind Bank vs Bajwa Developers Ltd.
Court/Authority: National Company Law Tribunal Chandigarh Bench (Court – I)
Case Number: CP(IB) No.167/Chd/Pb/2024
Interlocutory Application Number: IA(IBC)/779(CH)2025
Date of Order: 19 May 2026
Governing Laws: Petition filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 and Rule 11 of NCLT Rules, 2016
Parties Involved
Petitioner: Punjab and Sind Bank
Respondent: Bajwa Developers Ltd.
Final Ruling & Enforcement
The matter could not be taken up for hearing on 19 May 2026 due to paucity of time. The Tribunal has adjourned the case to 12 August 2026 for next hearing. No substantive proceedings or arguments were heard on the current date.