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2025 Supreme(Online)(NCLT) 1866

NATIONAL COMPANY LAW TRIBUNAL
B2X SERVICE SOLUTIONS INDIA PRIVATELIMITED VS
C.P. (IB) - 937/2023



Advocates:
For the Petitioner:D S PATIL

NATIONAL COMPANY LAW TRIBUNAL

COURT ROOM NO. 1,

MUMBAI BENCH

Item No. 9

IA(I.B.C)/1113( MB)2025 IA (LIQ.) Progress Report/203(MB) 2025 (NEW

IA) IN C.P. (IB)/937(MB)2023

CORAM:

SH. PRABHAT KUMAR JUSTICE VIRENDRASINGH BISHT (Retd.) HON’BLE MEMBER (TECHNICAL) HON’BLE MEMBER (JUDICIAL)

ORDER SHEET OF THE HEARING ON 06.03.2025

NAME OF THE PARTIES: MRS NEELIMA ANIL BHATE

LIQUIDATOR FOR M/S. B2X SERVICE

SOLUTIONS INDIA PRIVATE LIMITED

Section 60(5) & 10 of the Insolvency and Bankruptcy Code, 2016

________________________________________________________________

ORDER

IA (I.B.C)/1113 (MB) 2025 IN C.P. (IB)/937(MB)2023

1) Ms. Surekha Yadav, Ld. Counsel for the Applicant is present.

2) The present Interlocutory Application has been filed by the Applicant under

Regulation 31A of the Insolvency and Bankruptcy Board of India (Liquidation Regulation), and the limited prayer in this Application is for placing on record the Report of the Stakeholders’ Consultation Committee.

3) The above said Report as prepared by the Applicant/Liquidator herein is taken on record. The Liquidator is directed to complete the Liquidation Process as early as possible within the time and shall file and place on record the Quarterly Progress Report, if otherwise permitted under the law, thereby apprising the Bench about the current stage of the Liquidation Process.

4) With the aforesaid observations and directions, the Interlocutory Application bearing IA No. 1113 of 2025, is disposed of as Allowed.

5) Registry shall list the main Company Petition on Board as and when new/pending Applications, if any, arising out of the present Company Petition are listed.

IA (LIQ.) Progress Report/203(MB) 2025 (NEW IA) IN C.P.

(IB)/937(MB)2023

1) Ms. Surekha Yadav, Ld. Counsel for the Applicant is present.

2) The present Interlocutory Application has been filed by the Applicant and the limited prayer in this Application is for placing on record the Progress Report for the Quarter ended 31.12.2024.

3) The above said Report as prepared by the Applicant/Liquidator herein is taken on record. The Liquidator is directed to complete the Liquidation Process as early as possible within the time and shall file and place on record the Quarterly Progress Report, if otherwise permitted under the law, thereby apprising the Bench about the current stage of the Liquidation Process.

4) With the aforesaid observations and directions, the Interlocutory Application bearing IA (Liq.) Progress Report No. 203 of 2025, is disposed of as Allowed.

5) Registry shall list the main Company Petition on Board as and when new/pending Applications, if any, arising out of the present Company Petition are listed.

Sd/- Sd/-

PRABHAT KUMAR JUSTICE VIRENDRASINGH BISHT MEMBER (TECHNICAL) MEMBER (JUDICIAL)

Vedant Kedare

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