Authority: National Company Law Tribunal Chandigarh Bench (Court – II)
Order Date: 29 June 2026
Case Overview
The matter involves an insolvency petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petitioner is Satinder Pal Singh, Proprietor of M/s K.S. INDL. Traders, against the corporate debtor, Osmund Cranes Pvt. Ltd. The case is registered as CP (IB) No. 134/Chd/Pb/2025.
The scheduled hearing on June 29, 2026, could not proceed due to the sudden demise of Hon'ble Mr. Justice Mahabir Singh Sindhu of the Punjab and Haryana High Court, Chandigarh. The Members of the Bar Association of NCLT, Chandigarh Bench, passed a resolution via letter dated June 29, 2026, to suspend work for the day as a mark of respect.
Final Outcome
The bench, comprising Shri Shishir Agarwal (Member Technical) and Shri K. Biswal (Member Judicial), adjourned the matter. The new date for the hearing is September 11, 2026.
Topics: Insolvency, Legal Proceedings