Authority: National Company Law Tribunal, New Delhi Court-IV
Order Date: 12.06.2026
Case Overview
The matter involves an application filed by Punjab & Sind Bank (Financial Creditor) under Section 7 of the Insolvency & Bankruptcy Code, 2016 against Supertech Township Project Limited (Corporate Debtor). The case was listed before a bench comprising Hon'ble Member (Judicial) Shri Mahendra Khandelwal and Hon'ble Member (Technical) Shri Atul Chaturvedi. The hearing was conducted in hybrid mode (physical and video conference). Representatives for both parties were present: Advocate Praveen Sehrawat appeared for the applicant bank, while Mr. Vishal Ganda, Ms. Chhavi Jain, and Mr. Rishabh Arya appeared for the Interim Resolution Professional.
Final Outcome
Due to paucity of time, the tribunal adjourned the case to 23rd July, 2026 for further hearing. The order was signed by Member (Technical) Shri Atul Chaturvedi.
Topics: Insolvency Proceeding, Real Estate, Banking