NATIONAL COMPANY LAW APPELLATE TRIBUNAL AT CHENNAI (APPELLATE JURISDICTION)

Company Appeal (AT) (CH) (Ins) No. 567/2025 (IA Nos. 1597, 1598 & 1599/2025)

In the matter of :

M/s.Ashok Kumar Ayan Kumar A Partnership Firm, Having its Registered Office at C-300, Meghalaya Tower, Church Road, Jaipur -302 001 ….Appellant V Devvrat Rana Bankruptcy Trustee of Mr. Mahendra Kumar Agarwal, R/o. Apt#684, Sector-A, Block B & C, Vasant Kunj, New Delhi - 110 070 …. Respondent No.1 Mr. Mahendra Kumar Agarwal, S/o. PD Agarwal, Aged about 70 years, R/o. Flat No. 2A, The Address, 8-2-415/1, Road No. 4, Banjara Hills, Hyderabad, Telangana - 500 034 …. Respondent No.2 Present:

For Appellant : Mr. Vikram Pooserla, Senior Advocate For Respondents : Ms. Rajeshwari Singh, Advocate for R1/RP Mr. Devvrat Rana, RP

ORDER

(Hybrid Mode)

11.11.2025:

Oral Judgment : Justice Sharad Kumar Sharma, Member (Judicial):

1. The Appellant claims itself to be a Partnership Firm consisting of 3 Partners and are said to have been engaged in the business of consultancy.

2. It is contended that, the Respondent No. 1 is the Bankruptcy Trustee of Respondent No. 2, who was admitted into the Bankruptcy, by the orders of the Ld. Adjudicating