NCLT Adjourns SBI Insolvency Application Against Sangeeta Jain

Authority: National Company Law Tribunal, New Delhi Court-V

Order Date: 06 July 2026

Case Overview

The National Company Law Tribunal (NCLT), New Delhi Court-V, heard an application filed by State Bank of India (Applicant) against Mrs. Sangeeta Jain (Respondent) under Section 95 of the Insolvency and Bankruptcy Code, 2016 (IBC). The application bears item number IA-4633/2022 in main matter (IB)-494(PB)/2022. The bench comprised Shri Manni Sankariah Shanmuga Sundaram (Member Judicial) and Ms. Reena Sinha Puri (Member Technical). The hearing was conducted in hybrid mode (physical and video conference). The applicant was represented by Adv. Samyak Bilala, the proposed guarantor (PG) by Adv. Henna George, and the resolution professional (RP) by Mr. Vibhor Mathur and Ms. Pratika Agarwal Adv.

Final Outcome

Due to paucity of time, the tribunal adjourned the matter. The next hearing is scheduled for 03 August 2026. The order was signed by Ms. Reena Sinha Puri, Member (Technical).

Topics: Insolvency Proceeding, Banking Debt, NCLT Hearing