Authority: National Company Law Tribunal, Bengaluru Bench
Order Date: 09.10.2026
Case Overview
The National Company Law Tribunal (NCLT), Bengaluru Bench, comprising Judicial Member Shri. Sunil Kumar Aggarwal and Technical Member Shri. Radhakrishna Sreepada, heard an interlocutory application (IA No. 1050/2026) in the main petition CP(IB) No. 08/BB/2021. The petition was filed by State Bank of India (Petitioner) against Mr. Awarz Ahmed (Respondent) under Section 95(1) of the Insolvency and Bankruptcy Code, 2016. The matter relates to the initiation of insolvency resolution process against an individual debtor. The bankruptcy trustee appeared before the bench during the hearing.
Final Outcome
The bench ordered that the interlocutory application be listed along with the main petition for the next hearing on November 30, 2026. The order was signed by both members of the bench.
Topics: Insolvency Proceedings, Banking Litigation, NCLT Adjournment