Authority: National Company Law Tribunal Guwahati Bench
Order Date: 9th June 2026
Case Overview
This proceeding involves an insolvency petition filed under Section 7 of the Insolvency and Bankruptcy Code, 2016. The financial creditor, Accord India International Private Limited, has initiated proceedings against the corporate debtor, Bagasa Plantations Pvt. Ltd. The matter was heard by a bench comprising Hon'ble Member (Judicial) Shri Rammurti Kushawaha and Hon'ble Member (Technical) Shri Yogendra Kumar Singh. During the hearing on June 9, 2026, arguments were presented by the respondent's counsel. The petitioner's senior advocate, Mr. J. Saha, along with Ms. U. Chakraborty, sought time for rebuttal arguments.
Final Outcome
The NCLT Guwahati Bench adjourned the matter to July 9, 2026, specifically for hearing rebuttal arguments from the petitioner's side. No substantive decision on admission or rejection of the insolvency petition was made in this order.
Topics: Insolvency Proceeding, NCLT Hearing, Corporate Debtor