Authority: National Company Law Tribunal, Bengaluru Bench
Order Date: October 9, 2026
Case Overview
This is an order in an Interlocutory Application (IA No. IBC 1052/2026) connected to the main insolvency petition (CP(IB) No. 06/BB/2021). The petition was filed by State Bank of India (SBI) against Mrs. Nuzhat Aisha Naser under Section 95(1) of the Insolvency and Bankruptcy Code (IBC), 2016. This section deals with applications for initiation of the insolvency resolution process for individuals and partnership firms. The bankruptcy trustee appeared for the hearing.
Final Outcome
The bench, comprising Judicial Member Shri. Sunil Kumar Aggarwal and Technical Member Shri. Radhakrishna Sreepada, ordered that the Interlocutory Application be listed for the next hearing along with the main petition on November 30, 2026. The order is a procedural adjournment.
Topics: Insolvency Proceeding, Banking, NCLT