NATIONAL COMPANY LAW TRIBUNAL COURT NO. 1 ITEM No.201 C.P.(IB)/24(MP)2021 Order under Section 95 IBC IN THE MATTER OF:

State Bank of India ........Applicant V/s Sumit Rajpal ........Respondent Coram:

Hon’ble Shri Brajendra Mani Tripathi, Member (J)

Hon’ble Shri Man Mohan Gupta Member (T)

PRONOUCMENT ORDER Delivered on 23/02/2026 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)

BEFORE THE NATIONAL COMPANY LAW TRIBUNAL CP/IB/24/2021 [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]

In the matter of:

State Bank of India Stressed Assets Recovery Branch, 5, Y.N. Road, 1st floor SBI Zonal Office Indore, Madhya Pradesh - 452003 Email: sbi.10007@sbi.co.in ...Applicant Versus Mr. Sumit Rajpal (Personal Guarantor)

House No. 9, Triveni Colony, …Respondent Indore, Madhya Pradesh – 452001 Coram:

HON’BLE SH. BRAJENDRA MANI TRIPATHI, MEMBER (J)

HON’BLE SH. MAN MOHAN GUPTA, MEMBER (T)

Order Pronounced on 23.02.2026 Ap