Authority: National Company Law Tribunal Guwahati Bench

Order Date: 12th June 2026

Case Overview

This hearing concerns Cont.A (IBC)/1/GB/2025, which arises from CP (IB)/16/GB/2022, an insolvency petition filed by M/s Brahmaputra Rolling Mills Pvt. Ltd. against the State Bank of India under Section 10 of the Insolvency and Bankruptcy Code, 2016. The matter is currently in the liquidation stage, with Ms. Meena Sureka serving as the Liquidator. The primary reason for this hearing was a request for an adjournment, as a related appeal is pending before the Appellate Tribunal (NCLAT).

Final Outcome

The Tribunal adjourned the matter to 27th July 2026 for further consideration. The adjournment was granted because the Appellate Tribunal had reserved its orders on the related appeal on 7th May 2026, and a decision is still pending.

Topics: Insolvency Proceeding, NCLT Hearing, Adjournment