NATIONAL COMPANY LAW TRIBUNAL

HYDERABAD BENCH - II

IA No.626 OF 2025 in

CP(IB) No.102/10/HDB/2022

TRANSFER PETITION NO.

IA No.626 OF 2025 in

COMPANY PETITION/APPLICATION NO. CP(IB) No.102/10/HDB/2022

NAME OF THE COMPANY

Kling Enterprises India Limited NAME OF THE PETITIONER(S)

NAME OF THE RESPONDENT(S)

UNDER SECTION 10

Date of Order: 22.04.2025

Coram:

SHRI. RAJEEV BHARDWAJ, HON’BLE MEMBER JUDICIAL

SHRI. SAJAY PURI, HON'BLE MEMBER TECHNICAL

Counsel/Parties present

For the Applicant : Mr.Shaik Gouse, Ld PCS and

Mr.Mahadev Tirunagari, Ld PCS

CORRIGENDUM ORDER DATED 05.05.2025

1. It is brought to our notice vide memo dated 01.05.2025 filed by

Mr. Shaik Gouse, Ld. PCS stating that certain typographical errors have

occurred in the order passed on 22.04.2025.

2. These are typographical/clerical errors. In exercise of power under Rule

154 of NCLT Rules, the same can be corrected. Said Rule 154 read as

under:

“154. Rectification of Order. - (1) Any clerical or arithmetical mistakes in any order of the Tribunal or error therein arising from any accidental slip or omission may, at any time, be corrected by the Tribunal on its own motion or on application of any party by

way of rectification”

3. Accordingly, Errors are corrected as under:

For Read Para No.12 of the order:

Therefore, the present application Therefore, the present application is filed before this Hon'ble is filed before this Hon'ble Tribunal Tribunal to seek orders for to seek orders for closure of the dissolution of the Corporate liquidation process of the Debtor under Section 54 of the Corporate Debtor as the Corporate Code as the affairs of the Corporate Debtor is sold as a Going Concern Debtor have been completely under Regulation 45(3)(a) of the wound up and its assets have been IBBI (Liquidation Process)

completely liquidated. Regulations 2016.

Para No. 14 of the order:

We are satisfied that the We are satisfied that the liquidation liquidation process is completed as process is completed as per the per the procedure laid-down under procedure laid-down under IBC, IBC, 2016 and hence the 2016 and hence the closure of the dissolution as requested by the Liquidator is allowed and the liquidation process as requested by Corporate Debtor shall stand the Liquidator is allowed as the dissolved. Corporate Debtor is sold as a Going Concern under Regulation 32(e) read with Regulation 45(3)(a) of the IBBI (Liquidation Process) Regulations 2016.

Para No.15(a) of the order:

In the result, the Application is In the result, the Petition is allowed allowed and the Liquidation and Corporate Person shall stand Process is closed as the Corporate dissolved from the date of this Person is sold as a Going Concern order. In exercise of the powers under Regulation 45(3)(a) of the conferred on the Adjudicating IBBI (Liquidation Process) Authority under Section 59 (7) of Regulations 2016 from the date of the Code, we hereby allow the this Order. In exercise of the

3. Rest of the contents of the order remain the same. This corrigendum order to be read along with the original order dated 22.04.2025.

Sd/- Sd/-

(Sanjay Puri) (Rajeev Bhardwaj)

Member (Technical) Member (Judicial)