Union Bank Vs Chaitali Adjourned to June 30

Authority: National Company Law Tribunal (NCLT), Division Bench, Court - 1, Ahmedabad

Order Date: 09/06/2026

Case Overview

This is an order in a proceeding under Section 121(1) of the Insolvency and Bankruptcy Code, 2016. The applicant or financial creditor is Union Bank Of India, and the respondent is an individual, Chaitali Lotiva. The case number is C.P.(IB)/153(AHM)2026. The matter was before a bench comprising Hon'ble Member (Judicial) Mr. Shammi Khan and Hon'ble Member (Technical) Mr. Sanjeev Sharma. On the date of the order, the learned counsel for the applicant bank circulated a leave note and requested an adjournment.

Final Outcome

The bench granted the adjournment and re-listed the case for a preliminary hearing on 30th June 2026. No representatives were present for the respondent. The order was signed by both members of the bench.

Topics: Insolvency Proceeding, Banking NPA, Legal Adjournment