Case Details

Case Name: UCO Bank vs. Satyawan Sarma (PG) to M/s Berial Engineers Pvt. Ltd. (CD)

Court/Authority: National Company Law Tribunal (NCLT), Guwahati Bench

Case Number: CP(IB)/11/GB/2025

Date of Hearing: 22nd May 2026

Presiding Members: Hon'ble Member (Judicial) Shri Rammurti Kushawaha, Hon'ble Member (Technical) Shri Yogendra Kumar Singh

Law Under Which Filed: Section 95 of the Insolvency and Bankruptcy Code, 2016 (IBC)

Parties Involved

Petitioner: UCO Bank

Respondents: Satyawan Sarma (Personal Guarantor) and M/s Berial Engineers Pvt. Ltd. (Corporate Debtor)

Representation for Petitioner: Mr. N. M. Deka, Advocate

Representation for Respondent: Mr. R. Dubey, Advocate and Ms. A. B. Kayastha, Advocate

Interim Resolution Professional (IRP): Mr. U. Kr. Kalita

Order & Directions

  • Counsel for both the petitioner and the respondent were present for the hearing.
  • The Tribunal identified a defect in the reply filed by the respondent.
  • The Learned Counsel for the Respondent was directed to cure the identified defect within one week.
  • The matter was adjourned and listed for the next hearing on 30th June 2026.

Final Ruling & Enforcement

The order is a procedural directive for the respondent to rectify a filing defect. The substantive hearing of the insolvency petition under Section 95 of the IBC has been postponed to the next date, 30th June 2026. No findings on allegations, penalties, or final rulings were issued in this order.