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2025 Supreme(Online)(NCLT) 6524

NATIONAL COMPANY LAW TRIBUNAL
Ankit International – Appellant
Versus
Bank of India – Respondent


Advocates:
For the Petitioner:Inayat Ali H.A. Qureshi
For the Respondent:MDP and PARTNERS

CP (IB)/ 983 (MB) 2019

Under Section 60(5) of the Insolvency and

Bankruptcy Code, 2016.

Ankit International

... Applicant/Successful

Resolution Applicant

Vs.

Bank of India & Anr

… Respondent

In the matter of

Company Petition No. 983 of 2019, Under Section 7 of the Insolvency and

Bankruptcy Code, 2016.

Bank of India

…. Financial Creditor

Vs.

Provogue Personal Care Private Limited

…Corporate Debtor

Order delivered on: 19.11.2025

Coram :

Shri. Prabhat Kumar Shri Sushil Mahadeorao Kochey

Hon’ble Member (Technical) Hon’ble Member (Judicial)

CP (IB)/ 983 (MB) 2019 Appearances:

For the Applicant : Adv. Amish Tandon, a/w Adv.

Anushree Kulkarni, Adv. Swankit Nanda, Adv. A. Shaikh For the Respondent : Adv. Prakash Shinde, a/w Adv.

Niyati Merchant For the RP :Adv. Vishwas V Shah

ORDER

1. The present interlocutory application has been filed under Section 60(5) of the Insolvency and Bankruptcy Code of India, 2016 ("IBC") read with Rule 11 of the National Company Law Tribunal Rules, 2016 by Ankit International herein (Successful Resolution Applicant of the Provogue Personal Care Private Limited (“Corporate Debtor”) through its Sole Proprietor, Mr. Pranav Jain against Bank of India & Anr (hereinafter referred to as “the

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