ORDER

(Hybrid Mode)

11.06.2026:

In the Company Appeal, the Appellant has sought to challenge the order of 31.10.2025, as it was rendered in CP(IB)/167/BB/2024 by Ld. NCLT, Bengaluru. The consequential effect of the impugned order had been that, the applications filed by the Respondent (OC) under Section 9 of the I & B Code, 2016, against the Corporate Debtor, 63Ideas Infolabs Pvt. Ltd., has been admitted and CIRP has been directed to be commenced against the CD.

When the matter came up for consideration before this Tribunal on 09.12.2025, as 'Fresh', considering the merits of the matter and after hearing the Ld. Counsel for the parties, we had passed an interim order, keeping in abeyance the effect and operation of the impugned order, subject to the Appellant depositing an amount of Rs. 3.5 crores before the Registry of this Tribunal, in the shape of a Demand Draft. Subsequently, in our order dated 23.12.2025, we clarified that the Demand Draft is to be drawn in favour of "Pay and Accounts Officer, Ministry of Corporate Affairs, New Delhi". Relevant order of 09.12.2025 is extracted here under:-

'''….The same is taken note of. It is accordingly directed that the Appellant would depos