NATIONAL COMPANY LAW TRIBUNAL

COURT ROOM NO. 1,

MUMBAI BENCH

Item No. 60

CA 262/2024 COMP.APPL/ 194(MB)2025 COMP.APPL/ 208(MB)2025

COMP.APPL/ 241(MB)2025 in CP/3638(MB)2018

CORAM:

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

ORDER SHEET OF THE HEARING ON 26.09.2025

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

LEASING AND FINANCIAL SERVICES LTD.

& ORS.

Section 241-242 of the Companies Act, 2013

__________________________________________________________________

ORDER

CA 262/2024 COMP.APPL/ 194(MB)2025 COMP.APPL/ 208(MB)2025

1) Mr. Janak Dwarkadas, Ld. Sr. Advocate for the Applicant is present. Mr.

Aditya Sikka, Ld. Counsel for the Union of India and Mr. Zal Andhyarujina,

Ld. Sr. Advocate for IL&FS are present.

2) Sr. Advocate for the IL&FS has concluded the arguments. Counsel for

Chronos shall rejoin on the next date of hearing.

3) Stand over to 08.10.2025, for further consideration.

COMP.APPL/ 241(MB)2025 in CP/3638(MB)2018

1) Mr. Siddharth Joshi, Ld. Counsel for the Applicant and Ms. Onshi Jakhar, Ld.

Counsel for the Respondent/Union of India are present.

2) The present Company Application has been filed by the Applicant/Arun Kumar Saha, the