Authority: National Company Law Tribunal, Kolkata Bench, Court - II
Order Date: 30th June 2026
Case Overview
The National Company Law Tribunal (NCLT) Kolkata Bench heard matter CP (IB)/50(KB)2024 with connected application IA(I.B.C)/620(KB)2024. The case involves Tata Capital Financial Services Limited as the financial creditor filing an insolvency petition under Section 95(1) of the Insolvency and Bankruptcy Code against Shukla Banerjee, who appears to be a personal guarantor. The special bench consisted of Hon'ble Member (Judicial) Shri Cheekati Radha Krishna and Hon'ble Member (Technical) Ms. Rekha Kantilal Shah. Multiple advocates represented both parties: Mr. Avishek Guha, Ms. Sweta Majumdar, and Ms. Anusha Nayek appeared for Tata Capital Financial Services Limited, while Mr. Shaunak Ghosh and Ms. Cardina Roy represented the personal guarantor, Shukla Banerjee.
Final Outcome
The NCLT adjourned the hearing to August 24, 2026, based on a joint request made by the counsel representing both parties. No substantive decisions on the merits of the case were made in this order, which solely addresses the adjournment of proceedings.
Topics: Insolvency Proceeding, Personal Guarantor, Adjournment