NCLT Guwahati Reserves Order on Shree Sai Insolvency

NCLT Guwahati bench hears multiple IAs in Punjab National Bank vs Shree Sai Prakash Alloys insolvency case.
Court reserves order on IA(IBC)/45/GB/2023 regarding maintainability under Section 68 of IBC, 2016.
Two other applications (IA(IBC)/49/GB/2023 and IA(IBC)/126/GB/2024) adjourned to 21 May 2026 for further hearing.
Matter involves legal heirs of Sandeep Bhagat and successful bidder N.K. Marketing seeking impleadment.