Case Details

Case Name: UCO Bank vs Dwijesh Das (PG) to M/s Lohit Construction Pvt. Ltd. (CD)

Court/Authority: National Company Law Tribunal Guwahati Bench

Case Number: IA(IBC)/84/GB/2026 In CP(IB)/35/GB/2026

Date of Hearing: 20th May 2026

Next Hearing Date: 03rd June 2026

Under Section: Section 95 of Insolvency and Bankruptcy Code, 2016

Parties Involved

Petitioner: UCO Bank

Respondents: Dwijesh Das (Personal Guarantor) and M/s Lohit Construction Pvt. Ltd. (Corporate Debtor)

Resolution Professional: Mr. A. Pareek

Legal Representatives: Mr. S. Chamaria (Advocate for Petitioner), Mr. R. Dubey (Advocate for Personal Guarantor)

Tribunal Members: Hon'ble Member (Judicial) Shri Rammurti Kushawaha, Hon'ble Member (Technical) Shri Yogendra Kumar Singh

Procedural Developments

The Personal Guarantor's counsel sought additional time for filing reply and objections to the Resolution Professional's report. The tribunal granted 5 days for filing the reply, with copy to the opposite party.

The Resolution Professional submitted that the report filed under Section 99 of the IBC, 2016 may be taken on record, which the tribunal accepted.

The matter has been adjourned to 03rd June 2026 for further consideration, coinciding with a connected matter's hearing date.

Current Status

The case remains pending with no final determination made. The Resolution Professional's report under Section 99 has been formally accepted on record, and the Personal Guarantor has been given until approximately May 25, 2026 to file objections to this report.