Authority: National Company Law Tribunal, New Delhi Court-V
Order Date: 06.07.2026
Case Overview
The matter involves an insolvency application filed by State Bank of India against respondent Manish Jain under Section 95 of the Insolvency and Bankruptcy Code (IBC). The case reference is IA-4631/2022 in (IB)-493(PB)/2022. The hearing was conducted in hybrid mode (physical and video conference). Representatives present included Advocate Samyak Bilala for the applicant (State Bank of India), Advocate Henna George for the personal guarantor (PG), and Mr. Vibhor Mathur with Ms. Pratika Agarwal Advocate for the resolution professional (RP). The bench comprised Hon'ble Member (Judicial) Shri Manni Sankariah Shanmuga Sundaram and Hon'ble Member (Technical) Ms. Reena Sinha Puri.
Final Outcome
Due to paucity of time, the tribunal adjourned the hearing and listed the matter for the next hearing on 03.08.2026. The order was signed by Member (Technical) Ms. Reena Sinha Puri.
Topics: Insolvency Proceeding, Banking Litigation, NCLT Hearing