Case Details
- Case Names: IA No.666/2025 IN CP (IB) No.83/ALD/2025 and IA No.664/2025 IN CP (IB) No.84/ALD/2025
- Court/Authority: National Company Law Tribunal (NCLT), Allahabad Bench, Prayagraj
- Special Bench Item No.: 105 & 106
- Date of Order: 26th May, 2026
Parties Involved
- Financial Creditor (FC)/Petitioner: Central Bank of India
- Respondents/Personal Guarantors:
- Ruby Chaudhary (Personal Guarantor of M/s Lavanya Agro Edible Private Limited) - Item No.105
- Vinit Kumar (Personal Guarantor of M/s Lavanya Agro Edible Private Limited) - Item No.106
- Corporate Debtor: M/s Lavanya Agro Edible Private Limited
- Counsel Appeared:
- For the Financial Creditor (CBI): Ms. Riddhi Vora along with Ms. Bharti Nawlani, Advocates
- For the Resolution Professional (RP): Ms. Pinki, Advocate
Issues / Allegations / Violations
The proceedings were initiated under Section 95(1) of the Insolvency and Bankruptcy Code, 2016 (IBC) against the personal guarantors of the corporate debtor, M/s Lavanya Agro Edible Private Limited. The nature of the alleged default or violation by the guarantors is not detailed in this procedural order.
Final Ruling & Enforcement
This is a procedural order from a Special Bench. The substantive matters were not heard. The bench, comprising Ms. Reeta Kohli (Member-Judicial) and Shri Ashish Verma (Member-Technical), passed the following directions:
1. Both matters (IA No.666/2025 and IA No.664/2025) are adjourned and posted for a hearing before the Regular Bench on 14th July, 2026.
2. A photocopy of this order is to be placed on record in both connected matters.
The order is signed by both members and the stenographer, Avaneesh Kumar Singh.