Authority: National Company Law Tribunal, New Delhi Bench (Court - II)
Order Date: 12 June 2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi Bench heard an insolvency petition filed by State Bank of India through Resolution Professional Mr. Vijender Sharma against respondent Mr. Ram Rattan Goyal. The case was filed under Section 95(1) of the Insolvency and Bankruptcy Code, 2016. The hearing was conducted through hybrid mode (virtual conference and physical appearance). Advocate Ritu Aggarwal represented the applicant. The bench comprised Hon'ble Member (Judicial) Sh. Ashok Kumar Bhardwaj and Hon'ble Member (Technical) Sh. Atul Chaturvedi.
Final Outcome
The tribunal did not pass any substantive order on the merits of the case, noting "No time left" during the hearing. The matter was adjourned and rescheduled for the next hearing on 29 July 2026.
Topics: Insolvency Proceeding, Banking Litigation, NCLT Adjournment