Application under Section 60(5) of IBC, Code 2016 read with Rule 11 of the

National Company Law Tribunal Rules, 2016;

In the Matter of:

UCO Bank having its heard office at 10, Biplabi Trailokya Maharaj Sarani,

Kolkata – 700 001.

…..Financial Creditor

And

GIT Textiles Manufacturing Limited having its registered office at 20

Maharshi Devendra Road, Kolkata – 700007.

….Corporate Debtor

And

In the matter of:

Hemant Goenka, Suspended member of the Board of Directors of GIT Textiles Manufacturing Limited, residing at 35 JL Bajaj Street, Kolkata – 700

007.

…Applicant

-Versus-

Mr. Ramchandra Dallaram Choudhary, Resolution Professional of M/s. GIT Textiles Manufacturing Ltd., having office at 9-B, Vardan Tower, Near Vimal House, Lakhudi Circle, Navrangpura, Ahmedabad, Gujarat – 380 014.

….Respondent

Date of Pronouncement of order: 02.08.2024

Coram:

Smt. Bidisha Banerjee : Member (Judicial)

Shri D. Arvind : Member (Technical)

Counsel appeared physically / through video Conferencing Mr. Jishnu Chowdhury, Adv. ] For the Suspended Board of Directors Mr. Kanishk Kejriwal, Adv.

Mr. Patita Paban Biswal, Adv.

Mr. Rishav Banerjee, Adv. ] For H.S. Mercantile Ltd.

Ms. Suranjana Chatterjee, Adv.

Mr. Shaunak Mitra, Adv. ] For HR