CP (IB)/ 3923 (MB) 2019

Under Section 60(5) of the Insolvency and

Bankruptcy Code, 2016.

J Kumar Infraprojects Limited

…Applicant1

Odette Engineers Private Limited

…Applicant 2

Pranav Construction System Private

Limited

…Applicant 3

Vs.

Bank of India & Anr

… Respondent 1

Kamal Kishore Gurnani,

… Respondent 2 In the matter of

Company Petition No. 3923 of 2019, Under Section 7 of the Insolvency and

Bankruptcy Code, 2016.

Bank of India

… Financial Creditor

Vs.

Pranav Construction System Private

Limited

… Corporate Debtor

CP (IB)/ 3923 (MB) 2019 Order delivered on: 05.12.2025 Coram :

Shri. Prabhat Kumar Shri Sushil Mahadeorao Kochey Hon’ble Member (Technical) Hon’ble Member (Judicial)

Appearances:

For the Applicants : Adv. Amir Arsiwala For the Respondent 1 : Adv. Prajakta Menezes For the Respondent 2 : Adv. Rakesh K Gupta

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 J Kumar Infraprojects Limited & Ors against Bank of India & Anr (hereinafter referred to as “the Respondents”) in the matter of Company Petition No. 3923 of 2019, filed under Section