IN THE NATIONAL COMPANY LAW TRIBUNAL AMARAVATI SPECIAL BENCH (Through Hybrid Mode)

Item No.2 IA(IBC)/52/2026, IA(IBC)/55/2026 in CP(IB)/33/7/AMR/2021 (Liquidation Approved)

IN THE MATTER OF:

M/s State Bank of India … Petitioner/Financial Creditor Versus IND TOB International Pvt Ltd …Respondent/Corporate Debtor Under Section: 7, 60(5) of IBC, 2016 Rule: 11 of the NCLT Rules, 2016 Order delivered on 04.02.2026 CORAM:

SHRI KISHORE VEMULAPALLI, HON’BLE MEMBER (JUDICIAL)

PRESENT:

In IAs For Applicant : Dr. K.S.Ravichandran, PCS.

Liquidator/R1 : Mr. Kasi Srinivasa.

For R2 : Mr. Yash Vardhan, Adv.

ORDER

IA (IBC)/55/2026:

This application has been filed by the Suspended Director under Section 60(5) of the IBC, 2016 and Rule 11 of the NCLT Rules, seeking urgent listing and hearing of IA (IBC)/52/2026.

It is noted that IA (IBC)/52/2026, which has been filed seeking stay of the e-auction dated 12.02.2026, is already listed today. In view thereof, no further relief survives in the present application. Accordingly, IA (IBC)/55/2026 is dismissed as infructuous.

IA (IBC)/52/2026:

This application has been filed by the Applicants/Suspended Directors under Section 60(5) of the IBC, 2016 and Rule 11 of the NCLT