Case Details
Case Name: Oriental Bank of Commerce vs Hike Leather Pvt. Limited
Court/Authority: National Company Law Tribunal (NCLT), Chandigarh Bench (Court – II) (Special Bench)
Case Number: IA(I.B.C.)/253(CH)2026 In CP (IB) No.205/Chd/Hry/2019 (Admitted)
Date of Order: 19th May 2026
Under Section: 7, 60(5) of the IBC 2016, 60(5) r/w Rule 11 of NCLT, 2016
Parties Involved
Petitioner/Applicant: Oriental Bank of Commerce
Respondent: Hike Leather Pvt. Limited
Legal Counsel for Applicant: Mr. Aalok Jagga, Mr. APS Madaan, Mr. Sahil Lohan, Advocates
Bench: Shri. Shishir Agarwal (Hon'ble Member (Technical)), Shri. K. Biswal (Hon'ble Member (Judicial))
Issues / Allegations / Violations
The application was filed under Section 60(5) read with Rule 11 of the NCLT Rules, 2016. The specific nature of the allegations or violations is not detailed in this procedural order.
Final Ruling & Enforcement
The matter was heard by a special bench on 19th May 2026. The bench has adjourned the application and listed it for hearing before the regular bench on 2nd June 2026. No substantive ruling on the merits of the case was made in this order.