IN THE NATIONAL COMPANY LAW TRIBUNAL

KOLKATA BENCH-I

KOLKATA

I.A. (IB) No. 986/KB/2019

and

CP (IB) No. 1101/KB/2019

In the matter of:

A petition under section 7 of the Insolvency and Bankruptcy Code, 2016.

In the matter of:

Punjab National Bank

[formerly United Bank of India]

…Financial Creditor

Versus

Cosy (India) Ltd.

[CIN: U29299WB1982PLC035274]

…Corporate Debtor

Order reserved on: 28 April, 2022

Order pronounced on: 29 April, 2022

Coram:

Shri Rajasekhar V.K.

:

Member (Judicial)

Shri Balraj Joshi

:

Member (Technical)

Appearances (through video conferencing):

For the Financial Creditor

: Ms Urmila Chakraborty, Advocate

Mr. Debashish Chakraborti, Advocate

For the Corporate Debtor

:, Mr. Shovan Ghosh, Advocate

COMMON ORDER

[I.A. (IB) No. 965/KB/2019 and C.P. (IB) No. 1101/KB/2019]

Rajasekhar V.K., Member (Judicial)

1. This Court convened through videoconferencing.

IN THE NATIONAL COMPANY LAW TRIBUNAL

KOLKATA BENCH-I

PNB v. Cosy (India) Ltd.

I.A. (IB) No. 965/KB/2019 and

CP (IB) No. 1101/KB/2019

Page 2 of 9

I.A. (IB) No. 986/KB/2019

2. The present I.A. has been filed by Cosy (India) Ltd., the Corporate

Deb