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  • Article 137 of Limitation Act
  • 2 ITEM No.2 C.P. (IB)/140(AHM)2024 Proceedings under Section 94 IBC IN THE
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Cites
Cited by
Citation Codes
Equivalent Citations
citation codes
Case Number
Acts
  • Article 137 of Limitation Act
  • 2 ITEM No.2 C.P. (IB)/140(AHM)2024 Proceedings under Section 94 IBC IN THE
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    Saurabh Premprakash Chugh through Resolution Professional v. The State Bank of India

    PC

    PRESENT:

    For the Applicant : Mr. Dhiren Dave, Adv.

    ORDER

    1. This application has been filed by the Personal Guarantor u/s 94 of IBC, 2016.

    2. Part III of the application states the following information in which the applicant

    stood as a guarantor:

    Financial Creditor

    Corporate Debtor

    Amount Debt due Default occurred

    Demand Notice

    L & T Housing Finance Ltd.

    Aditya Prints Private Ltd

    1,10,82,110.28 /-

    04.07.18 04.10.18 17.11.18

    State Bank of India

    Aditya Prints Private Ltd

    49,76,13,l19.3 8/-

    28.04.16 28.07.16 20.03.17

    South Indian Bank

    M/s Vaishnavi I Creation (Sole Proprietorshi p)

    4,91,77,464/- 16.10.17 30.06.18 30.06.18

    3. This application is filed on 7 February 2024 which is beyond the period of

    limitation Article 137 of Limitation Act and under Sec 238 A of IBC 2016. In view

    of the same the application is dismissed for non-maintainability for admission of

    this application.

    -Sd- -Sd-

    DR. V. G. VENKATA CHALAPATHY CHITRA HANKARE MEMBER (TECHNICAL) MEMBER (JUDICIAL)

    IN THE NATIONAL COMPANY LAW TRIBUNAL AHMEDABAD

    COURT - 2

    ITEM No.2

    C.P. (IB)/140(AHM)2024

    Proceedings under Section 94 IBC

    IN THE MATTER OF:

    Saurabh Premprakash Chugh Through Resolution Professional CA Nandish Sunilbhai Vin V/s The State Bank Of India & Ors

    ........Applicant ........Respondent

    Order delivered on: 08/04/2024

    Coram:

    Mrs. Chitra Hankare, Hon’ble Member(J) Dr. Velamur G Venkata Chalapathy, Hon’ble Member(T)

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    Comments

    Saurabh Premprakash Chugh through Resolution Professional v. The State Bank of India
    (Apr 8, 2024)