IN THE NATIONAL COMPANY LAW TRIBUNAL

KOLKATA BENCH (Court-I)

KOLKATA

I.A. No. 1994/KB/2023

In

CP(IB) No. 149/KB/2019

An Application under section 60(5) of the Insolvency and Bankruptcy Code, 2016 read with Rule

11 of the National Company Law Tribunal Rules, 2016

In the matter of:

Indian Bank …..Financial Creditor

-versus-

City Mall DevelopersPvt. Ltd. ……Corporate Debtor

And

In the matter of

PRA India Private Limited ……. Applicant

-versus-

1. Kannan Tiruvengadum[Resolution Professional]

2. Indian Bank

3. GSRTradefin Private Limited

4. Gopal Sponge And Power Private Limited

….. Respondents

Date of pronouncing the order: 30.04.2024

Coram:

Rohit Kapoor : Member (Judicial)

Balraj Joshi : Member (Technical)

Appearances (via video conferencing/ physical):

Mr. Santosh Kumar Ray, Adv. ] For Indian bank

Ms. Rituparna Sanyal ,Adv. ] Ms. Swastika Sengupta, Adv. ]

Mr.Abhrajit Mitra,Sr.Adv. ]Forthe Applicant in I.A. 1994/KB/2023 Mr. Rachit Lakhmani, Adv. ] Mr. Siddhanth Makkar, Adv. ]

Mr.Mainak Bose, Adv. ] For the Resolution Professional Ms.A.Rao,Adv. ]

Mr.ShaunakMitra,Adv. ] For GSRTradefinPvt. Ltd.

Ms. Sutapa Mitra, Adv. ]

ORDER

Balraj Joshi, Member (Technical)

1. This Court convened through hybrid mode.

2. The interlocutory