These appeals were filed by Era Infrastructure Engineering Ltd. (EIEL), the holding company of the corporate debtor (principal borrower and corporate guarantor), challenging the order dated 04.11.2025 passed by the adjudicating authority (National Company Law Tribunal, New Delhi Bench, Court – IV) admitting Section 7 application filed by National Asset Reconstruction Company Ltd. (NARCL) against the principal borrower and the corporate guarantor.
Era Infra Engineering Ltd. (EIEL) is an Engineering Procurement and Construction Company engaged primarily in Build-Operate-Transfer Infrastructure Projects.
EIEL was a successful bidder for the Muzaffarnagar Haridwar section from 131 KM to 211 KM of NH-58 in state of Uttar Pradesh and Uttarakhand.
Haridwar Highways Project Ltd. (HHPL) was formed on 02.02.2010 as 100% subsidiary of the appellant to execute the Project.
On 31.07.2010 at the request of HHPL, Axis Bank sanctioned a loan to the tune of Rs.690.60 crore for part financing of the Project – Term Loan I.
On 29.06.2016 a corporate guarantee was executed by Era Infrastructure (India) Ltd. (EIIL) to the Bank of India for Term Loan I, Term Loan II and Term Loan III totalling to Rs.149.48 crore.
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Haridwar Highways Project Ltd. (HHPL) was…
Axis Bank sanctioned a loan to the tune of…
These appeals were filed by Era Infrastructure Engineering Ltd. (EIEL), the holding company of the corporate debtor (principal borrower and corporate guarantor), challenging the order dated 04.11.2025 passed by the adjudicating authority (National Company Law Tribunal, New Delhi Bench, Court – IV) admitting Section 7 application filed by National Asset Reconstruction Company Ltd. (NARCL) against the principal borrower and the corporate guarantor.
Era Infra Engineering Ltd. (EIEL) is an Engineering Procurement and Construction Company engaged primarily in Build-Operate-Transfer Infrastructure Projects.
EIEL was a successful bidder for the Muzaffarnagar Haridwar section from 131 KM to 211 KM of NH-58 in state of Uttar Pradesh and Uttarakhand.
Haridwar Highways Project Ltd. (HHPL) was formed on 02.02.2010 as 100% subsidiary of the appellant to execute the Project.
On 31.07.2010 at the request of HHPL, Axis Bank sanctioned a loan to the tune of Rs.690.60 crore for part financing of the Project – Term Loan I.
On 29.06.2016 a corporate guarantee was executed by Era Infrastructure (India) Ltd. (EIIL) to the Bank of India for Term Loan I, Term Loan II and Term Loan III totalling to Rs.149.48 crore.
…Haridwar Highways Project Ltd. (HHPL) was…
Axis Bank sanctioned a loan to the tune of…