Authority: National Company Law Tribunal, New Delhi Court-V
Order Date: 12.06.2026
Case Overview
The National Company Law Tribunal, New Delhi heard matter CA-297/2019 and CA-1657/2019 in the main insolvency petition (IB)-532(PB)/2017. The case involves Punjab National Bank as the applicant financial creditor versus Haridwar Iron & Ispat Rolling Ltd as the respondent corporate debtor. The proceedings were initiated under Section 7 of the Insolvency and Bankruptcy Code (IBC). The matter was heard through hybrid mode (physical and video conference) before a bench comprising Hon'ble Member (Judicial) Shri Manni Sankariah Shanmuga Sundaram and Hon'ble Member (Technical) Ms. Reena Sinha Puri.
Final Outcome
The Tribunal adjourned the matter to 06.08.2026 due to paucity of time. The order was signed by Ms. Reena Sinha Puri, Member (Technical).
Topics: Insolvency Proceeding, Banking Dispute, NCLT Adjournment