Mr. D. P. Garg & Co. Prop. Ltd, as Company Secretary, filed an application seeking the release of their material supplied to Power2sme Pvt. Ltd. (Corporate Debtor) for processing job work. The applicant provided invoices and title documents. The RP stated that the Corporate Debtor's business is ongoing and they have procured fresh materials. Approximately 160 Metric Tonnes of extra material, not procured during the CIR process, is claimed to be present. Allegations under Section 70 of the Code were made by the Operational Creditor, and the COC, where SBI is a major constituent, was not given notice.

Mr. D. P. Garg & Co. Prop. Ltd, as Company Secretary, filed an application seeking the release of their material supplied to Power2sme Pvt. Ltd. (Corporate Debtor) for processing job work. The applicant provided invoices and title documents. The RP stated that the Corporate Debtor's business is ongoing and they have procured fresh materials. Approximately 160 Metric Tonnes of extra material, not procured during the CIR process, is claimed to be present. Allegations under Section 70 of the Code were made by the Operational Creditor, and the COC, where SBI is a major constituent, was not given notice.