Case Details
Case Name: Punjab National Bank vs Graphic Motors Pvt. Limited
Court/Authority: National Company Law Tribunal Chandigarh Bench (Court - II)
Case Number: CP (IB) No.326/Chd/Pb/2024
Date of Order: 19 May 2026
Legal Provision: Section 7 of the Insolvency and Bankruptcy Code (IBC) 2016
Parties Involved
Petitioner/Applicant: Punjab National Bank
Respondent: Graphic Motors Pvt. Limited
Proceedings
This matter was listed for hearing on 19 May 2026 as Item No. 110 before the NCLT Chandigarh Bench. The order notes that due to paucity of time, the matter could not be taken up for hearing on that date. No substantive proceedings, arguments, or deliberations occurred.
Adjournment
Next Hearing Date: 07 July 2026
Reason for Adjournment: Paucity of time
Status: Matter adjourned without any substantive progress or rulings
Current Status
The insolvency petition filed by Punjab National Bank against Graphic Motors Pvt. Limited remains pending with no findings, observations, or determinations made regarding the alleged default or admission of the case. The matter is scheduled for next hearing on 07 July 2026.