Case Details
- Case Name: Indian Bank (Erstwhile Allahabad Bank) vs. Ashim Mandal to Guwahati Construction Pvt. Ltd. (CD)
- Court/Authority: National Company Law Tribunal Guwahati Bench
- Case Number: IA(IBC)/56/GB/2026 In CP(IB)/14/GB/2023
- Hearing Date: 20th May 2026
- Legal Basis: Under Section 95 of the Insolvency and Bankruptcy Code, 2016
Parties Involved
Petitioner:
- Indian Bank (formerly Allahabad Bank) - Financial Creditor
Respondents:
- Ashim Mandal (likely the Corporate Debtor's representative)
- Guwahati Construction Pvt. Ltd. - Corporate Debtor (CD)
Tribunal Members:
- Hon'ble Member (Judicial), Shri Rammurti Kushawaha
- Hon'ble Member (Technical), Shri Yogendra Kumar Singh
Legal Representatives:
- For Petitioner: Mr. K. Board, Advocate (Proxy)
- For Respondent: Ms. S. Sarma, Resolution Professional (RP) in person
Issues / Allegations / Violations
The document indicates an ongoing insolvency proceeding initiated by Indian Bank (formerly Allahabad Bank) against Guwahati Construction Pvt. Ltd. under Section 95 of the Insolvency and Bankruptcy Code, 2016. Section 95 typically deals with applications by financial creditors for initiation of corporate insolvency resolution process.
Final Ruling & Enforcement
The Tribunal adjourned the hearing and listed the matter for the next hearing on 01.06.2026. No substantive orders were passed in this particular hearing beyond the adjournment.
The order was signed by both Tribunal Members:
- Sd/- Yogendra Kumar Singh, Member (Technical)
- Sd/- Rammurti Kushawaha, Member (Judicial)