IN THE NATIONAL COMPANY LAW TRIBUNAL

MUMBAI BENCH COURT III

Under Section 9 of the Insolvency and Bankruptcy Code, 2016 read with Rule 6 of the Insolvency and Bankruptcy (Application to

Adjudicating Authority) Rules, 2016

In the matter of

Jaatvedas Construction and Contractors LLP

Having office at:

1804, 18^th Floor, the Ambience Court, Plot No.

02, Sector 19D, Vashi, Thane - 400070

…Operational Creditor/Petitioner

Versus

B.P. Gangar Construction Private Limited

Having office at:

33, 3^rd Floor, Todi Building, Mathurdas Mill Compound, Lower Parel (West), Mumbai -

400013

…Corporate Debtor/Respondent

Order pronounced on: 06.03.2024

Coram:

Hon’ble Ms. Lakshmi Gurung, Member (Judicial) Hon’ble Sh. Charanjeet Singh Gulati (Technical)

Appearances:

For the Operational Creditor: Adv. Prasannan Namboodiri

For the Corporate Debtor: Adv. Aniruth Purusothman

Per: Sh. Charanjeet Singh Gulati, Member (Technical

1. This Petition has been filed by Jaatvedas Construction and Contractors LLP (“Petitioner/ Operational Creditor”) to initiate Corporate Insolvency Resolution Process (“CIRP”) against B. P. Gangar Construction Private Limited (“Respondent/Corporate Debtor”) under Section 9 of the Insolvency and Bankruptcy Code, 2