IN THE NATIONAL COMPANY LAW TRIBUNAL, BENGALURU BENCH

[Through Physical hearing/VC Mode (Hybrid)]

ITEM No.44

I.A.No.672/2025 in

C.P. (IB)No.98/BB/2024

IN THE MATTER OF:

M/s. Total Solutions Intec Pvt. Ltd. … Petitioner

Vs.

M/s. Buoyant Technology Constellation Pvt. Ltd. … Respondent

Petition under Section 9 of IBC, 2016

Order delivered on: 01.08.2025

CORAM:

SHRI SUNIL KUMAR AGGARWAL, HON’BLE MEMBER (JUDICIAL)

SHRI RADHAKRISHNA SREEPADA, HON’BLE MEMBER (TECHNICAL)

COUNSELS PRESENT:

For the Applicant : Shri M.S. Shyam Sunder, Sr. Counsel with Shri Anish

Acharya, Ms. Dhanya P. Prasad, Ms. Ranjana P.B.

For the IRP : Shri Abhishek Sriram with Shri Adith Jahgirdar

For the Intervenor : Shri C.K.Nandakumar, Sr. Counsel

ORDER

I.A.No.672/2025:

1. This Application has been filed in continuation of previous I.A.No.652/2024,

seeking an extension of stay on the formation of the CoC of the Corporate Debtor till the disposal of the reverse CIRP I.A.No.721/2024, which is

pending adjudication in the main Company Petition.

2. It is stated that subsequent to the last order dated 25.07.2025

W.P.No.21810/2025 against the Order of Hon’ble NCLAT was taken up by the Hon’ble High Court of Karnataka. However, due to the impugned Or