Authority: National Company Law Tribunal Chandigarh Bench (Court – II)
Order Date: 09.06.2026
Case Overview
The matter involves an application filed by Somal Pipes Pvt. Ltd. (Applicant) against Mahajan Steel Furnace Pvt. Ltd. (Respondent). The proceedings are being conducted under multiple sections of the Insolvency and Bankruptcy Code, 2016 (IBC), specifically Sections 9, 54(1), 19(2), 60(5), and 66(1). The case was admitted and is registered as CP (IB) No.645/Chd/Pb/2019. Several Interlocutory Applications (IAs) are also part of this matter, numbered IA(IBC)(DIS.)/11(CH)2023, IA(I.B.C)/886(CH)2022, IA(I.B.C)/78(CH)2024, and IA(I.B.C)/1037(CH)2024. The case was listed for hearing under Item No.114 on 09.06.2026.
Final Outcome
The matter was not heard on the scheduled date. The order states that due to a paucity of time, the bench could not take up the case. Consequently, the matter has been adjourned to 14.09.2026 for the next hearing. No parties were present for the hearing on 09.06.2026.
Topics: Insolvency Proceeding, NCLT Adjournment