NCLT Lists Central Bank Insolvency Matter

Authority: National Company Law Tribunal, New Delhi Court – IV (Single Bench)

Order Date: 20.07.2026

Case Overview

The National Company Law Tribunal (NCLT), New Delhi Court-IV, heard an Interlocutory Application (IA) numbered IA/1686/ND/2025 in the main insolvency case IB/707/ND/2024. The application was filed by Central Bank of India (Applicant) against Mr. Kavish Gupta (Respondent) under Section 95(1) of the Insolvency and Bankruptcy Code, 2016. The matter was heard in a hybrid mode (physical and video conference). The applicant was represented by their counsel, and Ms. Swastika Kumari was present as the Resolution Professional (RP). The Hon'ble Member (Judicial), Shri Mahendra Khandelwal, presided over the hearing.

Final Outcome

The tribunal did not adjudicate on the merits of the case but issued a procedural direction. The matter has been listed for its next hearing before a Division Bench on the 20th of August, 2026.

Topics: Insolvency, Banking, NCLT