Authority: National Company Law Tribunal (NCLT) Guwahati Bench
Order Date: 30th June 2026
Case Overview
This hearing pertains to an interlocutory application (IA(IBC)/55/GB/2026) within the main insolvency petition (CP(IB)/13/GB/2023). The petition was filed by Indian Bank (formerly Allahabad Bank) under Section 95 of the Insolvency and Bankruptcy Code, 2016 (IBC) against the corporate debtor, Guwahati Construction Pvt. Ltd. The matter was heard by a bench comprising Hon'ble Member (Judicial) Shri Rammurti Kushawaha and Hon'ble Member (Technical) Shri Yogendra Kumar Singh. The primary matter for consideration in this hearing was the payment of fees to the appointed Resolution Professional, Ms. Sudha Sarma.
Final Outcome
The counsel for Indian Bank, Mr. Mukesh Sharma, submitted that the bank had paid a sum of ₹1,75,000 (Rupees One Lakh Seventy-Five Thousand) to the Resolution Professional. Ms. Sudha Sarma, who appeared in person, conceded that her fees had been received. With this update on record, the tribunal listed the matter for its next hearing on 15th July 2026 for further consideration.
Topics: Insolvency Proceeding, NCLT Hearing, Fee Payment