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 application filed by Tata Capital Ltd against Mr. Om Prakash Rajgarhia under Section 95 of the Insolvency and Bankruptcy Code, 2016. The matter was heard before a bench comprising Hon'ble Member (Technical) Sh. Atul Chaturvedi and Hon'ble Member (Judicial) Sh. Ashok Kumar Bhardwaj. Legal representation was present for both parties, with Adv. Ameet Deosthale appearing for the applicant (Tata Capital Ltd) and Adv. Deepak Mishra appearing for the respondent (Mr. Om Prakash Rajgarhia). The hearing was conducted through hybrid mode (virtual conference and physical).
Final Outcome
The tribunal adjourned the matter without proceeding to substantive hearing due to time constraints. The case has been listed for next hearing on 29 July 2026. No substantive orders were passed regarding the insolvency application itself.
Topics: Insolvency Proceeding, NCLT Hearing, Financial Debt