THE NATIONAL COMPANY LAW TRIBUNAL

CHANDIGARH BENCH, CHANDIGARH

RST. A (IBC)/11(CH)/2024

CP (IB) No. 89/Chd/Pb/2024 (Disposed of on 01/5/2024) Under Section 94 and 60(5) of the Insolvency and Bankruptcy Code,

2016

IN THE MATTER OF:

Ashish Mohan Gupta (PG)

Hind Motors India Ltd.

H. No. 161, Sector 27A

Chandigarh-160019

Email: advocateskartik@gmail.com

M. No. 9814002198 …Petitioner/Financial Creditor

Order delivered on: 22.05.2024

Coram: HON’BLE MR. HARNAM SINGH THAKUR, MEMBER (JUDICIAL)

HON’BLE MR. D. ARVIND, MEMBER (TECHNICAL)

Present: -

For the Applicant in RST. A : Mr. Anand Chhibbar, Senior Advocate

(IBC)/11(CH)/2024 Mr. Karan Gaba, Advocate

Mr. Kartik Goyal, Advocate

For Respondent in RST. A : Mr. Kamal Satija, Advocate

(IBC)/11(CH)/2024 And Creditor- Mr. Yashpal Gupta, Advocate

Union Bank of India in main CP

Per: Harnam Singh Thakur, Member (Judicial)

D. Arvind, Member (Technical)

ORDER

The present application is filed by Ashish Mohan Gupta (Personal

Guarantor) under Section 60(5) of the Insolvency and Bankruptcy Code, 2016 read with Rule 11, 48 of NCLT Rules read with Section 151 Civil Procedure

Code for the restoration of the petition under Section 94 of the Code bearing CP (IB) No. 89/Chd/Pb/2024 ti