Authority: National Company Law Tribunal, Court-V, Mumbai Bench
Order Date: 09 June 2026
Case Overview
The National Company Law Tribunal (NCLT), Mumbai Bench, Court-V was hearing Petition No. C.P. (IB)/804(MB)2023 filed by State Bank of India against Mantu R. Singh under Section 95(1) of the Insolvency and Bankruptcy Code, 2016. The matter involves insolvency proceedings initiated by the bank against the individual respondent.
The bench comprised Judicial Member Ashish Kalia and Technical Member Charanjeet Singh Gulati. Both members were present and signed the order.
Final Outcome
The matter could not be taken up for hearing due to paucity of time. The tribunal adjourned the proceedings to 24 August 2026 for next hearing. No substantive arguments were heard or decisions made on the merits of the case during this hearing.
Topics: Insolvency Proceedings, Banking Litigation