Tag
Punjab National Bank
8 articles
Punjab National Bank is navigating a complex landscape of legal and regulatory proceedings. The bank participated in investor conferences hosted by Goldman Sachs and JM Financial, reaffirming its commitment to transparency by disclosing only publicly available information. Simultaneously, PNB faces ongoing insolvency proceedings related to Atlas Alloy, with the NCLT Jaipur Bench reserving orders on associated applications, and the monitoring committee submitting progress reports for Splendid Metal Products. A contempt petition regarding a status quo order on an auction highlights potential challenges in asset recovery, underscoring the need for careful adherence to legal directives as the bank pursues possession under the SARFAESI Act.
PNB Discloses Compliance Officer and RTA Details
Punjab National Bank submits regulatory compliance details for its Compliance Officer and Registrar & Share Transfer Agents.
Compliance Officer is a qualified Company Secretary (FCS) appointed on 30 A
NCLT Kolkata Adjourns Binani Industries Insolvency Hearing
NCLT Kolkata Bench adjourns hearing for Punjab National Bank's insolvency petition against Binani Industries Limited.
The matter under Section 7 of IBC is scheduled for next hearing on 01 July 2026.
I
PNB Q1 Provisional Global Business Crosses ₹30 Lakh Crore
Punjab National Bank files provisional Q1 FY2027 business figures showing global business at ₹29.99 lakh crore.
Global deposits grew 10.32% YoY to ₹17.24 lakh crore while global advances rose 12.85% Y
JAS Infrastructure NCLT Adjournment Pending Bombay HC Stay
NCLT Guwahati Bench adjourns multiple IAs in JAS Infrastructure insolvency to 28 July 2026.
Liquidator reports Bombay High Court stay on transaction audit report, halting NCLT proceedings.
Tribunal di
NCLT Adjourns Virgo Cements Insolvency Hearing
The NCLT Guwahati Bench adjourned the insolvency proceedings to July 10, 2026, for ongoing negotiations between parties.
Negotiations involve Prag India, the Successful Resolution Applicant, and inter
NCLT Adjourns Punjab National Bank vs Aman Medical Hearing
NCLT Allahabad Bench adjourns Punjab National Bank's insolvency case against Aman Medical Pvt Ltd to August 12, 2026.
Liquidator was absent from the hearing, while respondents' counsel appeared and co
NCLAT Adjourns Pushpa Chugh vs Punjab National Bank Appeal
NCLAT adjourned an insolvency appeal filed by Pushpa Premprakash Chugh against Punjab National Bank.
The appellant was granted one week to file a compilation of judgments for the case.
The appeal has
Punjab National Bank AGM Approves All Resolutions
Punjab National Bank's 25th AGM held on June 20, 2026, approved all seven resolutions via e-voting and remote voting.
Shareholders approved a final dividend of ₹3 per equity share (face value ₹2) for