UCO Bank Insolvency Proceeding Against Personal Guarantor

NCLT Guwahati hears UCO Bank's insolvency application under IBC Section 95 against personal guarantor Satyawan Sarma of Lohit Construction.
The IRP filed a report under Section 99 of IBC, 2016, which was taken on record by the tribunal during the hearing.
Counsel for the personal guarantor indicated an interim application has been filed against the main company petition, to be treated as an objection.
The matter is listed for further consideration on 08.05.2026, with directions to file vakalatnama on the DMS portal.