IN THE NATIONAL COMPANY LAW TRIBUNAL NEW DELHI BENCH-VI CP (IB)-77/(PB)/2022 Section: Under Section 7 of the Insolvency and Bankruptcy Code, 2016 and Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority), Rules, 2016.

In the matter of:

Synergy Ventures. Registered Office at:

having their office at:

CK-58/12, Narain Katra, Nichi Bag, Varanasi ...Petitioner/Financial Creditor Versus M/s. Rudra Buildwell Projects Pvt. Ltd.

Registered Office at:

D-53, Okhla, Phase-I, New Delhi-110020 ...Respondent/Corporate Debtor CORAM:

SHRI MAHENDRA KHANDELWAL, HON’BLE MEMBER (JUDICIAL)

SHRI.RAHUL BHATNAGAR, HON’BLE MEMBER (TECHNICAL)

Counsel for Applicant/ Financial Creditor: Mr. Uday Chandani, Mr.

Saurabh Pandey and Mr.

Shivam Kumar, Advs.

Counsel for Respondent/ Corporate Debtor: Mr. Sunil Fernandes, Mr.

Akshat Gupta, Ms.

Sakshi Tikmany and Ms.

Diksha Dadu, Advs.

ORDER

PER: MAHENDRA KHANDELWAL, MEMBER (JUDICIAL)

Date 19.10.2023

1. This Petition is filed by Synergy Ventures (stated to be an AOP) to initiate Corporate Insolvency Resolution Process (“CIRP”) under Section 7 of the Insolvency and Bankruptcy Code 2016 (“the Code’) against the Respondent M/s. Rudra Buildwell Projects Pvt. Ltd. for