Case Details
Case Name: Indusind Bank Ltd. vs. Mr. Surpreet Singh Suri
Court/Authority: National Company Law Tribunal, New Delhi Bench (Court – II)
Case Numbers: IB-403/ND/2025 and IA-2204/ND/2026
Date of Order: 20.05.2026
Legal Framework: Case filed under Section 95(1) read with Section 7(2) of the Insolvency and Bankruptcy Code, 2016
Parties Involved
Petitioner/Applicant: Indusind Bank Ltd.
Respondent: Mr. Surpreet Singh Suri
Representation:
- For the Resolution Professional (RP): Adv. Iswar Mohapatra, Adv. Animesh Pandey
- For the Petitioner (PG): Adv. Deepak
Tribunal Bench:
- Hon'ble Sh. Ashok Kumar Bhardwaj, Member (Judicial)
- Hon'ble Sh. Atul Chaturvedi, Member (Technical)
Hearing Mode: Virtual Court and Physical (Hybrid) Mode
Final Ruling & Enforcement
The Interlocutory Application (IA-2204/ND/2026) was allowed by the Tribunal. The progress report filed in the matter was accepted and kept on record, subject to all just exceptions. The order was signed by both members of the bench.
Note: This appears to be a procedural order in an ongoing insolvency proceeding. The document provided does not contain details about the specific allegations, financial impact, findings, penalties, or corrective actions.