NATIONAL COMPANY LAW TRIBUNAL

CHANDIGARH BENCH (COURT-II), CHANDIGARH

IA No.926/2020

in

CP(IB) No.09/Chd/Chd/2017

(Admitted)

IN THE MATTER OF:

Sky Blue Papers Pvt. Ltd.,

Plot No. 85, Industrial Area, Phase - 1,

Chandigarh - 160002

…………………… Corporate Debtor

Under Section 60(5) of the Insolvency and Bankruptcy Code,

2016

AND IN THE MATTER OF IA NO. 926/2020:

Employees Provident Fund Organization,

Regional PF Commissioner -II,

Regional Office, SCO - 4-7, Sector - 17-D,

Chandigarh

………………………………………………Applicant

Versus

Mr. Prem Kumar Garg,

SCO - 2461, Sector- 22 C,

Chandigarh

……………………………… Liquidator/ Respondent No. 1

Punjab National Bank,

Through Its Branch Manager,

Bank Square, Sector 17-B,

Chandigarh-160017

…………………………………………. Financial Creditor/ Respondent No. 2

Order delivered on: 04.12.2024

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

HON’BLE MR. UMESH KUMAR SHUKLA, MEMBER (TECHNICAL Present:

For the Applicant : Mr. Gaurav Tangri, Advocate For the Respondent No.1 : Mr. Viren Sharma, Advocate For the Respondent No.2 : Mr. Harsh Garg & Ms. Ramneek Kaur Advocates Per: SH. HARNAM SINGH THAKUR, MEMBER (JUDICIAL)

SH. UMESH KUMAR SHUKLA, MEMBER(TECHNICAL)

ORDER

This Interlocutory Application (hereinafter referred