Case Details
- Case Name: Punjab National Bank vs. Shree Sai Rolling Mills India Ltd.
- Court/Authority: National Company Law Tribunal (NCLT), Guwahati Bench
- Case Numbers: CP(IB)/22/GB/2019 (Main Petition), IA(IBC)/57/GB/2023, IA(IBC)/124/GB/2024 (Interlocutory Applications)
- Date of Hearing: 21st May 2026
- Governing Law: Under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016
Parties Involved
Judicial Bench:
- Hon'ble Member (Judicial), Shri Rammurti Kushawaha
- Hon'ble Member (Technical), Shri Yogendra Kumar Singh
For IA(IBC)/57/GB/2023:
- Petitioner/Applicant: The Liquidator (Mr. Sandeep Khaitan), represented by Mr. Abhishek Prasad, Advocate and Ms. Anshika Khaitan, Company Secretary.
- Respondents: Represented by Ms. Aatrayi Das, Advocate. Respondents present included Ms. Shalini Bhagat and Ms. Smriti Bhagat in person. Respondent No. 3, Donborry Thangkhiew, was set ex parte.
For IA(IBC)/124/GB/2024:
- Applicants: Ms. Shalini Bhagat, Ms. Smriti Bhagat, and Ms. Rashi Bhagat, represented by Ms. Aatrayi Das, Advocate. Ms. Shalini Bhagat and Ms. Smriti Bhagat were present in person.
- Respondent Nos. 1, 2 & 3: Punjab National Bank, represented by Mr. Kamal Kanti Nandi, Advocate.
- Respondent No. 5: M/s N. K. Marketing (the successful bidder), represented by Mr. Avik Choudhuri, Advocate.
Final Ruling & Enforcement
- Both interlocutory applications (IA(IBC)/57/GB/2023 and IA(IBC)/124/GB/2024) were adjourned.
- The Tribunal listed both matters for the next hearing on 07.07.2026.
- The order was signed by both members of the bench, Shri Yogendra Kumar Singh and Shri Rammurti Kushawaha.