Tag
Bank of Baroda
11 articles
Bank of Baroda is facing a series of legal challenges and insolvency proceedings related to personal guarantors and corporate debtors, highlighting increased scrutiny of loan recovery efforts. Recent NCLT orders have rejected Bank of Baroda’s insolvency pleas against several guarantors, citing issues with the invocation of personal guarantees and asset tracking. Simultaneously, the bank is navigating disputes over tax priority with the State Tax Officer, with hearings adjourned by NCLAT. While a repayment plan was approved for one guarantor, these developments suggest potential difficulties in recovering outstanding debts, which could impact investor expectations regarding asset quality and future profitability.
Bank of Baroda Withdraws Petition
Assistant General Manager, Bank of Baroda filed a Special Leave Petition in the Supreme Court against Ram Chandra Gupta Flour Mills.
On 20 May 2026, the Court heard the petition and allowed the petiti
NCLT Kolkata Condones Bank of Baroda Guarantor Application Delay
NCLT Kolkata condoned a 9-day delay in filing an insolvency application against personal guarantor Mrs. Prabha Singh for corporate debtor Kakan Rice Mill Pvt. Ltd.
The tribunal appointed Resolution Pr
NCLT Kolkata Admits Bank of Baroda Guarantor Insolvency Application
NCLT Kolkata admits application under IBC Section 99 for insolvency resolution against personal guarantor Mr. Bhupendra Singh.
Tribunal condones 9-day delay in filing, takes Resolution Professional's
NCLT Allahabad Issues Notice in Rotomac Global Liquidation
NCLT Allahabad Bench issues notice to respondent in IA No.305/2026 related to Rotomac Global Pvt Ltd liquidation.
Tribunal directs respondent to file response within ten days after service of notice i
Kakan Rice Mill NCLAT Appeal Withdrawn Against Bank
Kakan Rice Mill Pvt. Ltd. withdrew its NCLAT appeal against a Section 7 insolvency admission order.
The appeal challenged the NCLT's 12 February 2026 order admitting Bank of Baroda's insolvency petiti
NCLAT Adjourns Bank of Baroda vs Vedara India Appeal
NCLAT adjourned hearing for Comp. App. (AT) (Ins) No. 1524 of 2025 to June 30, 2026.
The appeal involves Bank of Baroda as appellant versus Vedara India Ventures Pvt. Ltd.
The order was issued by a tw
Bank of Baroda vs Vedara India NCLAT Hearing Adjourned
NCLAT adjourned hearing for Comp. App. (AT) (Ins) No. 1524 of 2025 to May 18, 2026.
The appeal involves Bank of Baroda as appellant versus Vedara India Ventures Pvt. Ltd. as respondent.
The order was
NCLT Rejects Bank of Baroda's Personal Guarantor Insolvency Plea
NCLT Jaipur Bench rejects Bank of Baroda's Section 95 application against personal guarantor Amit Prakash Gupta for ₹192.92 crore debt.
Tribunal finds Financial Creditor failed to establish valid invo
Bank of Baroda vs Dharmendra Patel NCLT Asset Tracking Order
NCLT Ahmedabad orders asset tracking for personal guarantor Dharmendra Patel in Bank of Baroda insolvency case.
Tribunal directs Bankruptcy Trustee to obtain and compare IT returns from FY2020-21 to F
NCLT Orders Ramjibhai Patel Asset Tracking
NCLT Ahmedabad hears Bank of Baroda's application under IBC for personal guarantor Ramjibhai Patel.
Tribunal directs Bankruptcy Trustee to obtain Patel's Income Tax Returns from FY2020-21 to FY2024-25
NCLT Orders Bankrupt Guarantor Asset Tracking
NCLT admits Bank of Baroda's application concerning personal guarantor Rakesh Ramjibhai Patel.
Tribunal directs Bankruptcy Trustee to obtain and compare the bankrupt's IT returns from FY21 onwards.
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