NATIONAL COMPANY LAW TRIBUNAL

COURT ROOM NO. 1,

MUMBAI BENCH

Item No. 27

IA 25/2023 CA 136/2022 COMP.APPL/99 (MB)2025 COMP.APPL/

126(MB)2025 COMP.APPL/ 127(MB)2025 IN CP/3638(MB)2018

CORAM:

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

ORDER SHEET OF THE HEARING ON 11.07.2025

NAME OF THE PARTIES: UNION OF INDIA V/s INFRASTRUCTURE

LEASING AND FINANCIAL SERVICES LTD.

& ORS.

Section 241- 242 of the Companies Act, 2013 and Rule 11 of NCLT

__________________________________________________________________

ORDER

1. Adv. Saurabh Bachhawat for the Petitioner present in CA 99 of 2025. Adv.

Niket Mehta a/w Adv. Deepanshu Jaswani for the IL&FS and ITNL in CA 136, 126,127, 99 for the petitioner present. Mr. Aditya Sikka a/w Ms. Onshi Jakhar for the Union of India, Adv. Aastha Mathur for Applicant in CA 136 of 2022, Adv. Shwetaank Nigam in IA No. 25/ 2023 and IA No. 136/2022

appearing for the CMA are present.

COMP.APPL/ 126(MB)2025

1. The Company Application has been filed by the Infrastructure Leasing &

Financial Services Limited (IL&FS), seeking following reliefs;

i. Allow the Applicant to initiate the process and file necessary

applications for initiat