Authority: National Company Law Tribunal Guwahati Bench
Order Date: 30th June 2026
Case Overview
The National Company Law Tribunal (NCLT) Guwahati Bench, comprising Hon'ble Member (Judicial) Shri Rammurti Kushawaha and Hon'ble Member (Technical) Shri Yogendra Kumar Singh, heard matter IA (IBC)/56/GB/2026 in CP (IB)/14/GB/2023. The application was filed by Indian Bank (erstwhile Allahabad Bank) under Section 95 of the Insolvency and Bankruptcy Code, 2016 against corporate debtor Guwahati Construction Pvt. Ltd. The petitioner was represented by advocates Mr. Mukesh Sharma and Mr. Karan Borad. Resolution Professional Ms. Sudha Sarma appeared in person. The learned counsel for the applicant bank submitted that the fees of the Resolution Professional had already been paid, specifically confirming a payment of Rs. 1.75 lakh, which was conceded by the Resolution Professional.
Final Outcome
The matter was adjourned and listed for further consideration on 15th July 2026. No substantive ruling on the insolvency application was made in this hearing.
Topics: NCLT Proceeding, Insolvency Application, Banking