Authority: National Company Law Tribunal, Indore Bench, Court No. 1
Order Date: 08/06/2026
Case Overview
This is a proceeding under Section 95 of the Insolvency and Bankruptcy Code (IBC), 2016. The applicant is the Bank of Maharashtra, acting through its Resolution Professional, Mr. Mangesh Vitthal Kekre. The respondent is Smt. Sundari Lilwani. The matter was heard by a bench comprising Hon'ble Shri Brajendra Mani Tripathi (Member - Judicial) and Hon'ble Shri Man Mohan Gupta (Member - Technical). During the hearing, the proxy counsel for the respondent, Mr. Adhir Lot, submitted that the respondent had previously been proceeded against ex parte. He informed the tribunal that an application had been filed to set aside that ex parte order and requested an adjournment to a future date. The applicant, represented by proxy counsel Ms. Ayushi Patidar, opposed the submissions and the request for an adjournment made by the respondent's counsel.
Final Outcome
The tribunal considered the request from the respondent's counsel and decided to adjourn the matter. The case has been listed next for hearing on 01.07.2026.
Topics: Insolvency Proceeding, Legal Adjournment