Authority: National Company Law Tribunal, New Delhi Bench (Court - II)
Order Date: 10.07.2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi Bench heard application IA-3072/ND/2026, which was filed in the main matter IB-414/ND/2022. The application was filed by Karur Vysya Bank as the Applicant/Petitioner against Mr. Chand Kumar Goyal as the Respondent. The proceedings were conducted under Section 95 of the Insolvency and Bankruptcy Code, 2016. The hearing was conducted through hybrid mode (VC and Physical). Mrs. Santosh Goel appeared as the Resolution Professional in the matter.
Final Outcome
The NCLT Bench comprising Judicial Member Ashok Kumar Bhardwaj and Technical Member Atul Chaturvedi allowed the application (IA-3072/ND/2026). The Tribunal ordered that the report regarding the establishment of the Committee of Creditors be kept on record, subject to just exceptions.
Topics: Insolvency Proceedings, Banking Sector, NCLT Order