Case Details
Case Name: Bank of India vs. OSIL Exports Ltd.
Court/Authority: National Company Law Tribunal (NCLT), Chandigarh Bench (Court – II)
Case Number: CP (IB) No.128/Chd/Hry/2017 (Admitted)
Order Date: 19.05.2026
Pending Applications: IA(I.B.C)/1454(CH)2023, MA(IBC)/8(CH)2021, IA(I.B.C)/1580(CH)2022, IA(I.B.C)/1581(CH)2022, IA(I.B.C)/2128(CH)2023, IA(I.B.C)/2129(CH)2023, IA(I.B.C)/2316(CH)2023, IA(I.B.C)/2590(CH)2024, IA(I.B.C)/113(CH)2025, IA(I.B.C)/594(CH)2026
Legal Provisions: Section 7, 60(5), 66(1), 43(1) read with 44(1) of the Insolvency and Bankruptcy Code (IBC), 2016 and Rule 11 of NCLT Rules, 2016
Parties Involved
Applicant/Creditor: Bank of India
Represented by: Mr. Ashwani Sharma and Mr. Vipul Joshi, Advocates
Respondent/Corporate Debtor: OSIL Exports Ltd.
Other Respondents: Respondent No.4 represented by Mr. Jai Bhagwan Singh, Advocate; Respondent No.5 represented by Mr. Vinish Singla, Advocate
Additional Representation: Mr. Mohit Uppal, Advocate appearing for the applicant in IA(I.B.C)/594(CH)2026 and in IA(I.B.C)/2128(CH)2023
Final Ruling & Enforcement
The matter was adjourned due to paucity of time and could not be taken up on 19.05.2026. The next hearing date is scheduled for 21.07.2026. The order was signed by the Court Officer.