NCLT Allows Peerless Hospitex Substitution in Ayursundra PUFE Case

NCLT Guwahati Bench permits Peerless Hospitex Hospital to substitute Resolution Professional in avoidance application against Ayursundra's ex-directors.
Tribunal rules avoidance proceedings survive CIRP closure, citing Supreme Court's Piramal Capital judgment and Regulation 38(2)(d).
Approved resolution plan allocated litigation proceeds to Peerless Hospitex, with IMC authorizing prosecution at their cost.