Authority: National Company Law Tribunal, New Delhi Court-IV (Special Bench)
Order Date: 16 July 2026
Case Overview
UCO Bank filed an insolvency petition against Ms. Rani Jain under Section 95(1) of the Insolvency and Bankruptcy Code, 2016. The matter was heard by a special bench consisting of Hon'ble Member (Judicial) Shri Mahendra Khandelwal and Hon'ble Member (Technical) Shri Yogendra Kumar Singh. The hearing was conducted in hybrid mode (physical and video conference). Counsel for the applicant (UCO Bank) was present during the hearing, while the appearance for the respondent (Ms. Rani Jain) was not marked in the records.
Final Outcome
The tribunal adjourned the matter and listed it for the next hearing on 13 August 2026 before the Regular Bench. No substantive decisions on the insolvency petition were made in this order.
Topics: Insolvency Proceedings, Banking Litigation, NCLT