Case Details
Case Name: CP (IB) No.164/Chd/Hry/2023 - In the matter of Kasturi Lal Gupta (Personal Guarantor of Gupta Exim (India) Pvt. Ltd.)
Court/Authority: National Company Law Tribunal Chandigarh Bench (Court - II)
Case Number: CP (IB) No.164/Chd/Hry/2023
Order Date: 20.05.2026
Legal Basis: Petition filed under Section 94 of the Insolvency and Bankruptcy Code, 2016
Parties Involved
Petitioner: Kasturi Lal Gupta (Personal Guarantor of Gupta Exim (India) Pvt. Ltd.)
Respondent-1: Punjab National Bank
Respondent-2: SIDBI (Small Industries Development Bank of India)
Legal Representation:
- For Punjab National Bank: Adv. Ekta Choudhary, Adv. Priya Rathi
- For SIDBI: Adv. Harish Taneja and Adv. Gaurav Raj Grover
Proceedings & Order
The matter was listed for hearing on Item No. 126. Due to paucity of time, the case could not be taken up on the scheduled date of 20.05.2026.
The Tribunal has adjourned the matter to 25.08.2026 for further proceedings.
The order was signed by the Court Officer of the National Company Law Tribunal Chandigarh Bench.