NATIONAL COMPANY LAW TRIBUNAL
Mahesh Chand Gupta VS
IN
C.P. (IB) NO.41/KB/2024
An Application under Section 60(5) of the Insolvency and
Bankruptcy Code, 2016 read with Rule 11 of the NCLT Rules, 2016
IN THE MATTER OF:
Canara Bank
….. Financial Creditor
Versus
M/s B. K. Roy Private Limited
….. Corporate Debtor
And
IN THE MATTER OF:
Mahesh Chand Gupta Resolution Professional of M/s B. K. Roy
Private Limited
….. Applicant
Date of Pronouncement: 15th of December, 2025
CORAM:
SMT. BIDISHA BANERJEE, MEMBER (JUDICIAL)
CMDE SIDDHARTH MISHRA, MEMBER (TECHNICAL)
IN C.P. (IB) NO.41/KB/2024 APPEARANCE:
Mr. R. R. Modi, Adv. ] For Applicant Mr. Jayantaraj Dan Roy, Adv.
Mr. Mahesh Chand Gupta RP in person Ms. Neelima Chatterjee, Adv. ] For SBOD Mr. Riyanshu Agarwal, Adv.
ORDER
Per: Bidisha Banerjee, Member (Judicial):
1. The court convened in hybrid mode.
2. Heard Ld. Counsels for the parties.
3. This Application has been preferred by the Resolution Professional (“RP” in short) of M/s B. K. Roy Private Limited to seek the following reliefs, inter alia:
“(a). Pass an order/order(s) for exclusion of period from 25.08.2025 to 23.10.2025 in terms of the resolution approved by the CoC in its 8th CoC Meeting;
(b). Pass an order for exclusion of the period from 24.10.2025 till the
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