Authority: National Company Law Tribunal Guwahati Bench
Order Date: 6th July 2026
Case Overview
The National Company Law Tribunal (NCLT) Guwahati Bench, comprising Hon'ble Member (Judicial) Shri Rammurti Kushawaha and Hon'ble Member (Technical) Shri Yogendra Kumar Singh, heard matter IA (IBC)/99/GB/2023 in CP (IB)/15/GB/2022. The case involves Brahmaputra Galvochem Pvt. Ltd. as petitioner versus State Bank of India as respondent, filed under Section 10 of the Insolvency and Bankruptcy Code, 2016. The matter represents an insolvency petition initiated by the corporate debtor against the financial creditor.
Final Outcome
The NCLT adjourned the hearing and directed both parties to file convenience notes not exceeding three pages each. The matter has been listed for the next hearing on July 30, 2026 for further proceedings. No substantive decision on the insolvency petition was made in this hearing.
Topics: Insolvency Proceeding, Banking Dispute, NCLT Hearing