ORDER

PER Cmde. Siddharth Mishra, Member (Technical):

1. The Court congregated through hybrid mode.

2. Heard the Learned Senior Counsels and Learned Counsels for both the parties.

3. The interlocutory application being I.A. No. 927/KB/2025 of C.P. (IB) No. 1267/KB/2019 has been filed by the Applicant herein being the Liquidator under section 60(5) of the Insolvency and Bankruptcy Code, 2016 (“IBC” or “Code”) to bring on record the sale of the Corporate Debtor as a Going concern and thereby, seeking reliefs for providing amenity to the successful auction purchaser.

4. The Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor was initiated by the Hon’ble NCLT on 29.04.2022, appointing Mr. Kapilendra Swain as the Interim Resolution Professional (IRP), who was later confirmed as the Resolution Professional (RP) by the Committee of Creditors (CoC).

5. On 03.01.2023, the Hon’ble Tribunal passed an order for liquidation of the Corporate Debtor and appointed Mr. Kapilendra Swain as the Liquidator. A ‘Sale Notice’ was published in four newspapers on 22.04.2023. The Applicant submitted bid documents on 10.05.2023 for the sale of the Corporate Debtor as a going concern under