BEFORE THE NATIONAL COMPANY LAW TRIBUNAL, KOLKATA BENCH-2 In CP(IB) No. 1172/KB/2019 Date of Pronouncement: 13/01/2026 In the matter of:

State Bank of India Financial Creditor Versus Adi Ispat Private Limited Corporate Debtor And In the matter of:

Mr. Daulat Ram Jain, Insolvency Professional, having Registration No. IBBI/IPA-001/

IP- P00945/2017 2018/11565, Liquidator of Adi Ispat Private Limited, having his Office at 33, Shakespeare Sarani, Police Station Shakespeare Sarani, Post Office- Circus Avenue, Kolkata - 700 017;

Applicant An application under Regulation 44(2) of the IBBI(Liquidation Process) Regulation 2016 read with Section 60(5) of the IBC Code 2016 and Rule 11 of the NCLT Rules 2016 Coram: Labh Singh, Hon’ble Member (Judicial)

Rekha Kantilal Shah, Hon’ble Member (Technical)

Present:

For the applicant: Mr. Amandeep Singh,Advocate Ms.Bhawna Tekriwal,Advocate

O R D E R

LABH SINGH, JUDICIAL MEMBER

1. The present Application has been filed by Mr. Dault Ram Jain, the Insolvency Professional of Adi Ispat Private Limited(hereinafter to referred as “the Corporate Debtor”) with prayer to condone the delay in filing the present application with further prayer to grant exclusion of the tim