S.No.1

IN THE NATIONAL COMPANY LAW TRIBUNAL

HYDERABAD BENCH – 1

VC AND PHYSCIAL (HYBRID) MODE

ATTENDANCE CUM ORDER SHEET OF THE HEARING HELD ON

05-04-2024 AT 10:30 AM

CP (IB) No. 111/7/HDB/2017

AND

IA (IBC) 1459/2023, IA No. 143/2018, IA No. 449/2019, IA(IBC) 1722/2023, IA(IBC)

178/2024, IA(IBC) 41, 570 & 573/2024 in CP (IB) No. 111/7/HDB/2017

u/s. 7 of IBC, 2016

IN THE MATTER OF:

IDBI Bank Limited …Financial Creditor

AND

Lanco Infratech Limited …Corporate Debtor

C O R A M:-

DR. VENKATA RAMAKRISHNA BADARINATH NANDULA, HON’BLE MEMBER (JUDICIAL)

SH. CHARAN SINGH, HON’BLE MEMBER (TECHNICAL)

O R D E R

IA (IBC) 1459/2023

Learned Counsel Mr Anand Das, for applicant present through Video

Conference.

Smt Anuradha Bisani, Chairman of Monitoring Committee/Liquidator present

physically

Orders pronounced. In the result, this application is dismissed. No costs

IA No. 143/2018

Learned Counsel Mr G Bhupesh, for applicant present physically.

Smt Anuradha Bisani, Chairman of Monitoring Committee/Liquidator present

physically

Orders not pronounced. For orders on 22.04.2024.

IA No. 449/2019

Orders pronounced. In the result, this application is allowed and disposed of.

IA(IBC) 1722/2023

Learned Senior Counsel Mr SR Rajagopalan along with Mr Anoop Rawat, Mr. Sagar Dhawan, Mr Allwin Godwin, Mr Vimal Asthana, Mr Aditya M, Ms

Aishani Das, Mr Niranjan Pandian for applicant,

Learned Senior Counsel Mr Om Prakash for the counsel on record Mr P. Rohit

Pogula for first respondent

Swapna

Smt Anuradha Bisani, Chairman of Monitoring Committee/Liquidator present physically.

Pleadings completed. Oral arguments were heard. Written submissions by both sides in respect of the prayers E,F and G in the memo dated 16.11.2023 which was filed. Pursuant to the direction given by this bench in the interim order. Therefore, learned counsel for both sides pray for an opportunity to file written arguments in reliefs A and B of this application. Hence, we grant five days time to both sides to file written submissions. Heard. For orders on 22.04.2024.

IA(IBC) 178/2024 Learned Senior Counsel Mr Adinarayana Rao, for applicant present through Video Conference.

Learned Senior Counsel Mr S Raja Gopal, for respondent present physically.

For hearing on 22.04.2024.

IA(IBC) 41/2024 For hearing, matter adjourned to 22.04.2024.

IA(IBC) 570/2024 Heard, learned counsel for the applicant. Considering the facts and circumstances of this case and in the interest of liquidation of the Corporate Debtor, we pass the following interim order: (Vide Separate Order) there shall be an interim suspension of all further proceedings to pursuant to (i) Recovery Attachment Letter dt. 05.06.2023 issued by the respondent no.2 (ii) proceedings dated 06.02.2024 issued by respondent no.3. We further direct the respondent nos 2 and 3 not to take any coercive steps against the applicant in relation to pre CIRP Dues i.e., 07.08.2017.

The applicant shall take notice to respondent nos 2 and 3 through registered/speed post and also by e-mail and file proof of service. Call on 22.04.2024.

IA(IBC) 573/2024 Learned Counsel for the applicant present. Issue Notice to the respondents by registered/ speed post and through e-mail, to be taken up within 3 days’ time. Meanwhile, counter if any be filed well before the next hearing date. Posted to

22.04.2024 for filing proof of service and for counter.

Sd/- Sd/-

MEMBER (T) MEMBER (J)

Swapna Swapna THE NATIONAL COMPANY LAW TRIBUNAL BENCH - I, AT HYDERABAD I.A. No. 570 of 2024 IN In the matter of M/s Lanco Infratech Limited Between KRS Erectors Private Limited …Applicant/ Successful Acquirer/ Bidder AND

1. Ms. Anuradha Bisani, Liquidator of Lanco Infratech Limited, …Respondent No.1/ Liquidator

2. The Deputy Commissioner of CT & GST CT & GST Circle, Cuttack I East, …Respondent No.2

3. The Additional Commissioner of CT & GST CT & GST Territorial Range, Cuttack I, …Respondent No.3

4. The Branch Manager, Axis Bank Limited,Vijayawada Branch, …Respondent No.4 Date of order: 05.04.2024 Coram:

Dr. N. Venkata Ramakrishna Badarinath, Hon’b