NCLT Adjourns SRS Health Care Insolvency Hearing

Case Details

Case Name: Corporation Bank vs. SRS Health Care & Research Centre Ltd.

Court/Authority: National Company Law Tribunal (NCLT), Chandigarh Bench, Court – I

Case Number: CP(IB) No. 521/Chd/Hry/2019 (Admitted)

Interlocutory Applications: IA(I.B.C) No.2228/2023, 1496/2023, 2631/2023, 1768/2024, 2022/2024, IA(IBC)(DIS.)/3(CH) 2025

Governing Law: Petition filed under Sections 7, 33, 54, 19(2), 60(5), 66(1) of the Insolvency and Bankruptcy Code, 2016 (IBC).

Order Date: 19.05.2026

Parties Involved

Petitioner/Financial Creditor: Corporation Bank

Respondent/Corporate Debtor: SRS Health Care & Research Centre Ltd.

Final Ruling & Enforcement

The matter was not taken up for hearing on the scheduled date of 19.05.2026 due to a paucity of time. Consequently, the NCLT Bench has adjourned the hearing. The case is now listed to be taken up next on 24.08.2026. No findings, observations, penalties, or directions were issued in this specific order, which is purely procedural to reschedule the hearing date.