IN THE HIGH COURT AT CALCUTTA CIVIL REVISIONAL JURISDICTION APPELLATE SIDE BEFORE:

THE HON’BLE JUSTICE OM NARAYAN RAI CO 942 OF 2026 CLARITY COMMODITIES PRIVATE LIMITED VS.

BIJAY MURMURIA For the Petitioner : Mr. Ratnanko Banerjee, Sr. Adv.

Mr. D.N. Sharma, Sr. Adv.

Mr. Nirmalya Dasgupta, Adv.

Mr. Debartha Chakraborty, Adv.

Mr. B. Parasramka, Adv.

Ms. Ankita Sikdar, Adv.

For the Opposite Party : Ms. Manju Bhuteria, Sr. Adv.

Mr. Parikshit Poddar, Adv.

Last Heard on : 11.05.2026 Judgment on : 11.05.2026 OM NARAYAN RAI, J.:-

1. This application under Article 227 of the Constitution of India assails an order dated March 10, 2026 passed by the learned National Company Law Tribunal (hereafter “the NCLT”), Kolkata Bench whereby three applications for contempt being Cont. A (IBC) No. 1 (KB)/2026, Cont. A (IBC) No. 2 (KB)/2026, Cont. A (IBC) No. 4 (KB)/2026 have been dismissed by the NCLT with the observation/direction that “There should not be any impediment on the part of the Liquidator to conclude the sale process with execution of sale certificate in favour of Successful Auction Purchaser”.

FACTS OF THE CASE:

2. The facts which are relevant for the present purpose may be briefly recounted.

3. The pet