Authority: National Company Law Tribunal Chandigarh Bench (Court - II)
Order Date: June 9, 2026
Case Overview
The matter involves an insolvency petition filed by Punjab National Bank against individual respondent Ritu Saluja under Section 95 of the Insolvency and Bankruptcy Code, 2016. The case is registered as CP (IB) No. 17/Chd/Pb/2022. The petition represents initiation of insolvency resolution proceedings against an individual debtor.
Final Outcome
The matter was adjourned without hearing due to paucity of time and could not be taken up on the scheduled date of June 9, 2026. The case has been rescheduled for the next hearing on September 11, 2026. No substantive proceedings or arguments were conducted on this date.
Topics: Insolvency Proceeding, Banking Litigation, NCLT Adjournment