NCLT Stays PNB's Virgo Cements Guarantee Invocation

NCLT Guwahati hears urgent plea from Prag India to reschedule payments for Virgo Cements resolution plan.
Prag India failed to pay ₹1.80 crore second instalment due March 28, 2026, risking PNB's bank guarantee invocation.
Tribunal allows Prag India to deposit ₹1.80 crore by May 5, 2026, and directs PNB not to invoke guarantee until case disposal.