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)/45(KB)2024 IVN.P (IBC)/44(KB)2025 IA(I.B.C)/1246(KB)2024. The case involves Tata Capital Financial Services Limited as the petitioner versus Harish Kumar Agarwal as the respondent personal guarantor. The proceedings were initiated under Section 95(1) of the Insolvency and Bankruptcy Code (IBC). Multiple legal representatives appeared for the parties: Advocates Mr. Avishek Guha, Ms. Sweta Majumdar, and Ms. Anusha Nayek represented Tata Capital Financial Services Limited; Advocate Mr. Siddhanth Makkar represented Canara Bank; and Advocate Ms. Simran More represented the Personal Guarantor (Harish Kumar Agarwal).

Final Outcome

The Regular Bench was not available on the hearing date of 29th June 2026. Consequently, the matter was adjourned and listed for consideration before the Regular Bench on 14th July 2026. No substantive hearing or decision on the merits of the insolvency petition occurred during this proceeding.

Topics: Insolvency Proceedings, Personal Guarantor, NCLT