Authority: National Company Law Tribunal, New Delhi Principal Bench
Order Date: July 6, 2026
Case Overview
The matter involves an insolvency petition filed by State Bank of India against Su Kam Power Systems Ltd. under Section 7 of the Insolvency and Bankruptcy Code, 2016. The case is registered as IB-540(PB)/2017 and was being heard under liquidation proceedings. A new interlocutory application (IA-2918/2026) was listed for hearing on this date.
Final Outcome
The hearing was adjourned to July 13, 2026, as no representative appeared on behalf of either the petitioner (State Bank of India) or the respondent (Su Kam Power Systems Ltd.). The bench, comprising Justice Anupinder Singh Grewal (President) and Shri Ravindra Chaturvedi (Member Technical), noted the non-appearance and listed the matter for the next date.
Topics: Corporate Insolvency, NCLT Proceedings