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)/111/GB/2026 in CP (IB)/19/GB/2025. The petition was filed by Canara Bank Limited (Financial Creditor) against North East Region Finservices Limited (Corporate Debtor) under Section 95 of the Insolvency and Bankruptcy Code, 2016, with Ram Lal Keshri named as the Personal Guarantor (PG).
During the hearing on 6th July 2026, there was no representation from either the Petitioner (Canara Bank Limited) or the Respondent (Ram Lal Keshri PG). Mr. Akhtar Parvez, Advocate, appeared for the Resolution Professional along with Mr. Rakesh Sehgal (IRP/RP) who was present in person.
Final Outcome
The Tribunal directed the registry to issue fresh notices to both Canara Bank Limited (Financial Creditor) and Ram Lal Keshri (Personal Guarantor) through Speed Post and email. The registry was instructed to place on record the proof of service along with tracking reports. The matter has been adjourned and listed for next hearing on 3rd August 2026 for further consideration.
Topics: Insolvency Proceedings, NCLT Hearing, Corporate Debt