Authority: National Company Law Tribunal, New Delhi Court-IV (Special Bench)
Order Date: July 16, 2026
Case Overview
This is an order in the matter of IB/627/ND/2025. The applicant, UCO Bank, has filed an insolvency application under Section 95(1) of the Insolvency & Bankruptcy Code, 2016, against the respondent, Narendra Chokshi. The hearing was conducted in a hybrid mode (physical and video conference). The applicant's counsel, who was present virtually, submitted that in compliance with a previous order dated November 26, 2025, they had filed an affidavit concerning the maintainability of the application. However, this affidavit was not available on the court's record.
Final Outcome
The tribunal directed the applicant (UCO Bank) to take the necessary steps to bring the affidavit on maintainability onto the court record. The matter was adjourned and is next listed for hearing on August 13, 2026. The order was signed by both members of the bench: Hon'ble Member (Technical) Shri Yogendra Kumar Singh and Hon'ble Member (Judicial) Shri Mahendra Khandelwal.
Topics: Insolvency Proceeding, Banking, NCLT