Case Details

Case Name: Union of India Through Serious Fraud Investigation Office (SFIO) vs Purbanchal Rolling Mills And Industries Pvt. Ltd.

Court/Authority: National Company Law Tribunal (NCLT), Guwahati Bench

Case Numbers: IA (Comp. Act.)/2/GB/2021 In CP/2/GB/2021

Hearing Date: 22nd May 2026

Legal Provisions: Case filed under Sections 241, 242, 246, and 339 of the Companies Act, 2013

Parties Involved

Petitioner: Union of India Through Serious Fraud Investigation Office (SFIO)

  • Represented by: Mr. Monzur K. Choudhury, Advocate

Respondent: Purbanchal Rolling Mills And Industries Pvt. Ltd. (Respondent No. 1)

  • Represented by: Mr. S. Mittal, Advocate for R-1; Mr. D. Das, Advocate for R-2 & 3

Tribunal Members:

  • Hon'ble Member (Judicial), Shri Rammurti Kushawaha
  • Hon'ble Member (Technical), Shri Yogendra Kumar Singh

Current Status

The hearing was primarily procedural. Learned Counsel for Respondent No. 1 submitted that a Special Leave Petition (SLP) related to this matter is still pending before the Hon'ble Supreme Court of India. The Learned Counsel for the Applicant (SFIO) appraised the status of the case pending before the Supreme Court and sought additional time.

Next Hearing

The matter has been adjourned and listed for next hearing on 08.07.2026.

Order

The order was signed by both Tribunal Members:

  • Sd/- Yogendra Kumar Singh, Member (Technical)
  • Sd/- Rammurti Kushawaha, Member (Judicial)