Authority: National Company Law Tribunal Guwahati Bench
Order Date: 12th 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 CP (IB)/30/GB/2026. This is an insolvency petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) by operational creditor M/s Shree Sai Electricals against corporate debtor T & T Projects Limited.
During the hearing, Mr. Suraj Sharma, Company Secretary, appeared for the petitioner while Mr. Karan Borad, Advocate, represented the respondent. The tribunal noted that the Vakalatnama (power of attorney) filed on behalf of the respondent was defective. The respondent's counsel undertook to rectify the defect immediately and filed a rectified hard copy with the court, which was taken on record.
The petitioner's representative sought time to file a rejoinder in the matter.
Final Outcome
The NCLT granted the petitioner two weeks to file the rejoinder, with an advance copy to be served to the opposite party. The matter has been adjourned and listed for next hearing on July 22, 2026. No substantive decision on the insolvency petition was made in this order, which primarily addressed procedural compliance and scheduling.
Topics: Insolvency Proceeding, NCLT Hearing, Corporate Debtor