NATIONAL COMPANY LAW TRIBUNAL

COURT ROOM NO. 1,

MUMBAI BENCH

Item No. 13

IA(I.B.C)/4103( MB)2025 IN C.P. (IB)/4578(MB)2018

CORAM:

SH. PRABHAT KUMAR SH. SUSHIL MAHADEORAO KOCHEY HON’BLE MEMBER (TECHNICAL) HON’BLE MEMBER (JUDICIAL)

ORDER SHEET OF THE HEARING ON 09.09.2025

NAME OF THE PARTIES: NITIN SURESH SATGHARE & ORS VS

PANCARD CLUB LTD

Section 7 & 60(5) of the Insolvency and Bankruptcy Code, 2016/Rule 11

________________________________________________________________

ORDER

1) Ativ Patel a/w Viraj Raiyani for the Applicant present.

2) This is an Interlocutory Application has been filed by the Applicant

Pancard Clubs Limited Under Section 60(5) Of The Insolvency And Bankruptcy Code, 2016 Read With Rule 11 of the Insolvency And

Bankruptcy Rules, 2016, seeking following reliefs:-

a) That this Hon'ble Adjudicating Authority be pleased to pass an

order directing the Respondent Nos. 1 and 2 to close all proceedings against the Applicant in terms of Form GST DRC- 7A towards service tax for the years April 2015 to March 2017,

or otherwise;

b) That this Hon'ble Adjudicating Authority be pleased to direct

Respondent Nos. 1 and 2 to remove the lien marked on the bank

accounts of the Applicant with Respondent N