NATIONAL COMPANY LAW TRIBUNAL

CHANDIGARH BENCH (COURT-I), CHANDIGARH

CP(IB) No. 80/Chd/Hry/2018

(Admitted)

IN THE MATTER OF CP(IB) No. 80/Chd/Hry/2018:

Tata Blue Scope Steel Ltd. …. Operational Creditor

Vs.

Richa Industries Ltd. ..... Respondent

Under Section 60(5), of the Insolvency

and Bankruptcy Code, 2016

IN THE MATTER OF IA NO. 483/2024:

Saariga Construction Pvt. Ltd.

137, Sector 16A, Faridabad (Haryana)

……Applicant

Vs.

Mr. Arvind Kumar, Resolution Professional

Richa Industries Limited

303, 3^rd Floor, Plot No. D-190, Industrial Area

Phase 8-B, Sector 74, SAS Nagar, Mohali (Punjab)

Email: irpricha@gmail.com

…Respondent/Resolution Professional

Order delivered on: 11.06.2025

Coram: HON’BLE SH. HARNAM SINGH THAKUR, MEMBER (JUDICIAL)

HON’BLE SH. SHISHIR AGARWAL, MEMBER (TECHNICAL)

Present:

For the Applicant in IA No. 483/2024: Mr. Aalok Jagga, Mr. APS Madaan, Mr. Nahush Jain, Ms. Vibhu Aggarwal, Mr. Sahil Lohan, Advocates.

For the Respondent RP : Mr. Nitin Kant Setia, Advocate Per: SH. HARNAM SINGH THAKUR, MEMBER (JUDICIAL)

SH. SHISHIR AGARWAL, MEMBER (TECHNICAL)

ORDER

The Applicant, Saariga Constructions Pvt. Ltd., has filed the present application under Section 60(5) of the Insolvency and Bankruptcy Code, 2