Authority: National Company Law Tribunal, Hyderabad Bench – II
Order Date: 15 June 2026
Case Overview
This hearing concerned an Interlocutory Application (IA(IBC)/874/2026) filed within a main Company Petition (IB/217/95/HDB/2025) under Section 95 of the Insolvency and Bankruptcy Code, 2016 (IBC). The petition was initiated by ICICI Bank Limited as the petitioner against Sri Pankaj Chowdhary, who is the personal guarantor for the corporate debtor, M/s C J Enterprises (India) Private Limited. The specific application was moved by the Resolution Professional (RP) seeking permission to take on record a Progress Report related to the proceedings. The matter was heard by a bench comprising Shri Rajeev Bhardwaj, Member (Judicial) and Shri Sanjay Puri, Member (Technical). The Resolution Professional was represented by Learned Counsel Ms. Aishwarya Nandiwada.
Final Outcome
The tribunal allowed the Resolution Professional's application. The Progress Report was taken on record. The application was accordingly disposed of as allowed.
Topics: Insolvency Proceeding, Personal Guarantor, NCLT Order