UCO Bank Initiates Insolvency Against Mukul Deka

UCO Bank filed an insolvency petition under IBC Section 95 against personal guarantor Mukul Deka for Lohit Construction Pvt. Ltd.
The petition demands repayment of Rs. 1,41,15,28,508.09 from the personal guarantor for corporate debt.
NCLT Guwahati appointed Amit Pareek as Resolution Professional with a remuneration of Rs. 50,000.
The RP must file an assignment declaration and a Section 99 report, with the matter listed next on 15.05.2026.