Authority: National Company Law Tribunal, Bengaluru Bench (Special Bench)
Order Date: 09 July 2026
Case Overview
This order pertains to Interlocutory Application No.348/2025 in the main Company Petition (IB) No.174/BB/2024. The petition was filed by Kotak Mahindra Bank Ltd (the Petitioner/Financial Creditor) against Mr. Arun Kumar (the Respondent). The legal proceeding is an insolvency petition filed under Section 95(1) of the Insolvency and Bankruptcy Code, 2016. The Tribunal noted that pleadings are complete in the report submitted by the Resolution Professional (RP).
Final Outcome
The Bench, comprising Judicial Member Shri Sunil Kumar Aggarwal and Technical Member Shri Banwari Lal Meena, has listed the matter for the next hearing on 05 August 2026 specifically for arguments. No other directions or decisions on the merits of the case were issued in this order.
Topics: Insolvency Proceeding, Banking, NCLT