Authority: National Company Law Tribunal Guwahati Bench (Hon'ble Member (Judicial) Shri Rammurti Kushawaha and Hon'ble Member (Technical) Shri Yogendra Kumar Singh)
Order Date: 12th June 2026
Case Overview
This hearing concerns IA (IBC)/185/GB/2024 in the main petition CP (IB)/24/GB/2023, which was originally filed by North Eastern Development Finance Corporation Ltd. (NEDFi) against Ayursundra Hospital (Guwahati) Pvt. Ltd. under Section 7 of the Insolvency and Bankruptcy Code, 2016. The current interlocutory application involves Peerless Hospitex Hospital and Research Center Ltd. as the Successful Resolution Applicant (SRA). The matter involves procedural requests for filing additional pleadings following the substitution of the Resolution Professional by the SRA.
Final Outcome
The Tribunal granted Respondent No. 2 (unspecified from context) two weeks to file an additional affidavit regarding the substitution of the Resolution Professional, with an advance copy to the opposite party. Respondent Nos. 1 and 3 were granted three weeks to file their reply to the application, also with an advance copy to the opposite party. The order explicitly states that failure to file within these stipulated periods will result in forfeiture of the right to file. The SRA may file a rejoinder within one week after receipt of replies, failing which their right to rejoinder will be closed. The matter has been listed for the next hearing on 27th July 2026.
Topics: Corporate Insolvency, NCLT Proceedings, Legal Timelines