Authority: National Company Law Tribunal (NCLT), New Delhi Court-VI
Order Date: 08 June 2026
Case Overview
This is a procedural order in an ongoing insolvency proceeding. The original petition was filed by Central Bank of India (Financial Creditor) against M/s. Hanung Furnishings Pvt. Ltd. (Corporate Debtor) under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC, 2016). The case is currently at the stage of liquidation, as indicated by the presence of a Liquidator. The specific item being heard was an Interlocutory Application numbered IA(Liq.)/18/2026. The bench comprised Hon'ble Member (Judicial) Justice Jyotsna Sharma and Hon'ble Member (Technical) Ms. Anu Jagmohan Singh. The liquidator was represented by Advocate Shivam Gautam.
Final Outcome
The Tribunal granted a two-week extension to the liquidator for filing an additional affidavit. This extension was requested to ensure compliance with a previous order dated 19 May 2026. Consequently, the matter has been adjourned and is now listed for its next hearing on 14 August 2026. No substantive ruling on the merits of the case or the underlying insolvency was made in this order.
Topics: Insolvency Proceeding, Banking Litigation