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2025 Supreme(Online)(NCLAT) 287

NATIONAL COMPANY LAW APPELLATE TRIBUNAL
Justice Ashok Bhushan (Chairperson) , Hon'ble Mr. Arun Baroka (Member (Technical)) , Hon'ble Mr. Barun Mitra (Member (Technical)) ,
MRS. RAJANI AJAY GUPTA – Appellant
Versus
INDIAN BANK – Respondent


Advocates:
Mr. Manu Aggarwal, Ms. Ishita Pandey, Mr. Shubham Bhudiraja, Mr. Ritesh D. Patadia, Mr. Rathin Majumdar

JUDGMENT

ASHOK BHUSHAN, J.

I.A. No. 8158/2024 In Comp. App. (AT) (Ins.) No. 2184/2024

1. Sufficient cause has been shown for condonation of 4 days delay in refiling of the Appeal.

Refiling delay condoned.

Comp. App. (AT) (Ins.) Nos. 2184, 2228, 2229, 2243, 2259 & 2260 of 2024

1. These appeals by personal guarantors of the corporate debtor M/s. Metrix Healthcare Private Ltd. have been filed challenging the identical order passed by the adjudicating authority dated 03.10.2024, admitting Section 95 application filed by the Indian Bank. Aggrieved by the order impugned, these appeals have been filed by all the appellants who are the personal guarantors of the corporate debtor.

2. It shall be sufficient to notice facts in Comp. App. (AT) (Ins.) No. 2184/2024, for deciding all the appeals:

i. Indian bank has extended financial facilities to M/s. Metrix Healthcare Private Limited. Working capital facility as well as FITL was extended by the bank. The appellant has executed personal guarantee deed in favour of bank guaranteeing the repayment.

ii. Accounts of the corporate debtor were declared as NPA on 30.07.2019 with effect from 30.04.2019.

iii. On 16.07.2020, bank filed an O.A. No.191/2020 before t

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