in

C.P. (IB) No. 306/KB/2019

A petition under Section 60 (5) of the Insolvency and Bankruptcy

Code, 2016.

IN THE MATTER OF:

UCO Bank.

… Financial Creditor

Versus

Kumlai Tea and Industries Limited

… Corporate Debtor

And

IN THE MATTER OF:

Santiporva Agro Private Limited

… Applicant

Versus

in C.P. (IB) No. 306/KB/2019

1. Shaymal Kumar Bhattacharjee, RP Kumlai Tea and Industries Limited.

2. Committee of Creditors, Kumlai Tea and Industries Limited …. Respondents Coram:

Shri Labh Singh : Member (Judicial)

Ms. Rekha Kantilal Shah : Member (Technical)

Appearances-:

For the Applicant i. Mr. D.N. Sharma, Sr. Adv.

ii. Mr. Navneet Misra, Adv.

iii. Ms. Nabanita Manna, Adv.

For the RP i. Mr. Shaunak Mitra, Adv.

ii. Mr. Amandeep Singh, Adv.

iii. Mrs. D. Dhar, Adv.

Date of Pronouncement-: 12/12/2025 in C.P. (IB) No. 306/KB/2019

ORDER

Per: Rekha Kantilal Shah, Member (Technical)

1. This application is filed by the applicant claiming following reliefs-:

a. The Hon’ble Tribunal be pleased to pass necessary orders directing the respondent no. 1 to refund the Earnest Money Deposit amount of Rs. 5,00,000/- to the applicant along with interest at the rate of 18% per annum.

b. Such further and/or other order or orders as this Hon’ble