Authority: National Company Law Tribunal (NCLT), Guwahati Bench
Order Date: 10th June 2026
Case Overview
This is an order from a hearing in the matter of CP (IB)/38/GB/2026. The petition has been filed by UCO Bank (Petitioner) against Nutech Bamboo Projects Private Limited (Respondent) under Section 95 of the Insolvency and Bankruptcy Code (IBC), 2016. The petitioner's counsel, Mr. Sandeep Chamaria, was present and submitted that an additional affidavit had been filed. The counsel for the petitioner argued that a Recovery Certificate was issued on 21st June 2024 and that the period of limitation for the petition is being calculated from that date. The respondent did not make an appearance during this hearing.
Final Outcome
The bench, comprising Hon'ble Member (Judicial) Shri Rammurti Kushawaha and Hon'ble Member (Technical) Shri Yogendra Kumar Singh, directed that a notice be issued to the respondent, Nutech Bamboo Projects Private Limited. Both the tribunal's registry and the petitioner (UCO Bank) were directed to issue this notice via Speed Post and e-mail. They are required to place proof of service and tracking reports on record. The matter has been listed for its next hearing on 24th July 2026 for further consideration.
Topics: Insolvency Proceeding, Banking Debt Recovery