NATIONAL COMPANY LAW APPELLATE TRIBUNAL

NEW DELHI

Company Appeal (AT) (Ins) No. 77 of 2020

[Arising out of Order dated 06.12.2019 passed by National Company Law

Tribunal, Kolkata Bench, Kolkata in C.P (IB)No. 346/KB/2019]

IN THE MATTER OF:

Laxmi Pat Surana

Promoter/Director and Shareholder

of Surana Metals Limited.

S/o Late Hem Raj Surana

Aged about 70 years

Residing at 109/3, Hazra Road,

Kolkata-700026

…Appellant

Versus

1.Union Bank of India,

Having its registered and Head Office

At 239, Vidhan Bhawan Marg,

Nariman Point,

Mumbai-400021

2. Sunil Mohan Acharaya

The Interim Resolution Professional

of Surana Metals Limited,

Having its registered office at

245/1, Bhattacharya Para 6, Jheelpur Road

Ward No. 15, New Barrackpore

North 24 Parganas

Kolkata -700131

…Respondents

Present:

For Appellant: Mr. Abhijeet Sinha, Mr. Aditya, Mr. Sandeep Nagar,

Mr. Kamesh Vedula, Advocates

For Respondents: Ms. Nishi Chaudhary, Mr. Yashartha, Ms. Priya

Choubey, Advocates

Mr. Sunil Mohan Acharya,RP

2

Company Appeal (AT) (Ins) No. 77 of 2020

J U D G E M E N T

Venugopal M., J :

1. The Appellant (P