NCLT Guwahati issues notice under Section 425 IBC to personal guarantor Saurabh Poddar for non-appearance.
Indian Bank alleges Poddar's conduct is a delaying tactic in insolvency proceedings against Balajee Exports.
IRP's progress report is taken on record and the related application is disposed of.
Matter adjourned to 19 May 2026 for further consideration despite pending writ petition in Gauhati High Court.