Authority: National Company Law Tribunal Guwahati Bench
Order Date: 10th June 2026
Case Overview
This matter involves an application filed by Omkara Asset Reconstruction Private Limited against National Plywood Industries Ltd. under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC). The hearing took place before a bench comprising Hon'ble Member (Judicial) Shri Rammurti Kushawaha and Hon'ble Member (Technical) Shri Yogendra Kumar Singh.
The key development leading to the adjournment is that the Committee of Creditors (CoC) has filed an application before the National Company Law Appellate Tribunal (NCLAT) seeking clarification of the NCLAT's order dated 5th February 2026. Both parties' counsel submitted that this clarification matter is listed before the NCLAT on 17th July 2026.
Final Outcome
The NCLT Guwahati Bench adjourned the matter and listed it for further consideration on 24th July 2026, pending the outcome of the NCLAT hearing on the clarification application.
Topics: Corporate Insolvency, Legal Proceedings