Authority: National Company Law Tribunal, New Delhi Bench (Court - II)
Order Date: 06.07.2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi Bench heard an application filed by State Bank of India under Section 95 of the Insolvency and Bankruptcy Code, 2016 against respondent Surjeet Singh. The matter was listed under item number IB-894/ND/2022 with IA-4659/ND/2024. The hearing was conducted in hybrid mode (both virtual conference and physical attendance). Legal representation was present for both parties: Advocate Siddharth Sangal along with Advocates Mrinalini Tandon and Kashish Tewatia Tanish represented the applicant State Bank of India, while Advocates Rakesh Kumar Bajaj and Hitesh Chopra represented the respondent Surjeet Singh.
Final Outcome
The bench comprising Hon'ble Member (Technical) Atul Chaturvedi and Hon'ble Member (Judicial) Ashok Kumar Bhardwaj adjourned the matter citing "no time left" for hearing. The case has been relisted for the next hearing on 06.08.2026.
Topics: Insolvency Proceeding, Banking Litigation, NCLT Adjournment