Authority: National Company Law Tribunal Chandigarh Bench (Court - II)

Order Date: 09.06.2026

Case Overview

The National Company Law Tribunal Chandigarh Bench was hearing CP (IB) No. 18/Chd/Pb/2022, an insolvency petition filed by Punjab National Bank under Section 95 of the Insolvency and Bankruptcy Code, 2016 against respondent Reema Saluja. The matter was listed before the bench as Item No. 123 on the court's docket.

Final Outcome

Due to paucity of time, the matter could not be taken up for hearing on June 9, 2026. The court has adjourned the case and rescheduled it for the next hearing on September 11, 2026. No substantive proceedings or arguments were heard, and no decisions were made on the merits of the case.

Topics: Insolvency Proceeding, Banking Dispute, Legal Adjournment