Authority: National Company Law Tribunal, Kolkata Bench
Order Date: 29th June 2026
Case Overview
The National Company Law Tribunal (NCLT), Kolkata Bench, comprising Hon'ble Member (Judicial) Shri Vinay Goel and Hon'ble Member (Technical) Ms. Rekha Kantilal Shah, heard matter C.P. (IB)/75(KB)2024 and IA(I.B.C)/1224(KB)2024. The petition was filed by IDBI Bank Ltd. under Section 95(1) of the Insolvency and Bankruptcy Code, 2016 against Mr. Mannoj Kumar Jain in his capacity as a personal guarantor. Counsel for both parties were present, with Mr. Snehasish Chakraborty representing the Financial Creditor (IDBI Bank Ltd.) and Mr. Ram Maroo representing the personal guarantor (Mannoj Kumar Jain).
Final Outcome
The bench noted that the Regular Bench was not available on the day of the hearing. Consequently, the matter was adjourned and listed for consideration before the Regular Bench on 17th August 2026. No substantive orders were passed on the merits of the case.
Topics: Insolvency, Personal Guarantor, Banking