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2025 Supreme(Online)(NCLT) 2744

NATIONAL COMPANY LAW TRIBUNAL
UMESH KUMAR SHUKLA, MEMBER (TECHNICAL), KISHORE VEMULAPALLI, MEMBER (JUDICIAL)
M/s. Pridhvi Asset Reconstruction & Securitisation Company Limited – Appellant
Versus
M/s. Andhra Cements Limited – Respondent


Advocates:
For the Appellants/Petitioners: P Vikram, Sr. Adv
For the Respondents: Abhishek Swaroop, Adv, Nirav Kirit Pujara, Erstwhile RP

IN THE NATIONAL COMPANY LAW TRIBUNAL

AMARAVATI BENCH

(Through Hybrid Mode)

Item No.9

IA (IBC)/119/2024, IA(IBC)/50/2024, IA (IBC)/402/2023,

IA(IBC)/358/2023, IA (IBC)/341/2023, IA (IBC)/328/2023 &

IA(IBC)/392/2022 IN CP(IB)/37/7/AMR/2022

(CP Admitted on 26.04.2022/ Resolution Approved on 16.02.2023)

IN THE MATTER OF:

M/s. Pridhvi Asset Reconstruction & Securitisation Company Limited

.… Financial Creditors

Versus

M/s. Andhra Cements Limited …. Corporate Debtors

Under Section: 7, 60(5), 43 & 44 of IBC, 2016

Rule: 11 of NCLT Rules, 2016

Order delivered on 01.07.2025

CORAM:

SHRI UMESH KUMAR SHUKLA SHRI KISHORE VEMULAPALLI HON’BLE MEMBER (TECHNICAL) HON’BLE MEMBER (JUDICIAL)

PRESENT:

In CP

For the Financial Creditor : For the Corporate Debtor :

For the Erstwhile RP : Mr. Nirav Kirit Pujara, Erstwhile RP

In IA

IA (IBC)/119/2024

For the Applicant :Mr. P Vikram, Sr. Adv

For the 2nd Respondent :Mr. Abhishek Swaroop, Adv.

IA (IBC)/50/2024

For the Applicant : Mr. P Vikram, Sr. Adv

For the 2nd Respondent : Mr. Abhishek Swaroop, Adv. along with

Mr. Nirav Kirit Pujara, Erstwhile RP

IA (IBC)/402/2023

For the Applicant :

For the 2nd Respondent : Mr. Abhishek Swaroop, Adv. along with

Mr. Nirav Kirit Pujara, Erstwhile RP

For the 3rd

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