Authority: National Company Law Tribunal Chandigarh Bench (Court – I)
Order Date: 09.06.2026
Case Overview
The National Company Law Tribunal (NCLT) Chandigarh Bench was hearing CP(IB) No. 139/Chd/Hry/2022, an insolvency petition filed by State Bank of India (Petitioner) against Anil Jindal (Respondent). The petition was initiated under Section 95(1) of the Insolvency and Bankruptcy Code, 2016 (IBC).
Final Outcome
The matter (Item No. 221) could not be taken up for hearing on June 9, 2026, due to paucity of time. The NCLT Bench has adjourned the matter to August 25, 2026, for further proceedings. No substantive hearing or decision on the merits of the insolvency petition occurred on this date.
Topics: Insolvency Proceeding, Banking Dispute, NCLT