NATIONAL COMPANY LAW TRIBUNAL COURT NO. 1 ITEM No.206 CP(IB)/38(MP)2022 Proceedings under Section 95 IBC IN THE MATTER OF:

State Bank of India ........Applicant V/s Sourabh Garg ........Respondent Coram:

Mr. Brajendra Mani Tripathi, Hon’ble Member(J)

Mr. Man Mohan Gupta, Hon’ble Member(T)

ORDER

Delivered on 07/01/2026 The case is fixed for pronouncement of the order. The order is pronounced in open Court vide separate sheet.

Sd/- Sd/-

MAN MOHAN GUPTA BRAJENDRA MANI TRIPATHI MEMBER (TECHNICAL) MEMBER (JUDICIAL)

Neeraj THE NATIONAL COMPANY LAW TRIBUNAL BENCH AT INDORE CP(IB) No. 38 of 2022 [Under Section 95 read with Rule 7(2) of the Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Personal Guarantor to Corporate Debtor) Rules, 2019]

State Bank of India Having its registered office at:

Stressed Asset Management Branch-II

11^th Floor, Jawahar Vyapar Bhawan, STC Building, Janpath 1, Tolstoy Marg, New Delhi – 110001 … Financial Creditor Versus Mr. Saurabh Garg Personal Guarantor to K. S. Oil Limited Having address at:

K.S. Complex, Behind Mela Ground, Morena (M.P.) - 476001 … Personal Guarantor C O R A M:

HON’BLE SH. BRAJENDRA MANI TRIPATHI, MEMB