KOLKATA

and

CP (IB) No. 127/KB/2023

A petition under section 7 of the Insolvency and Bankruptcy Code, 2016 read

with rule 4 of the Insolvency and Bankruptcy (Application to Adjudicating

Authority) Rules, 2016.

In the matter of:

Oarsman Credit Private Limited

[CIN: U51900WB1994PTC066907]

…Financial Creditor

Versus

Ideal Real Estates Private Limited [CIN: U70101WB1988PTC045347]

…Corporate Debtor

I.A. (IB) No. 1920/KB/2023

An application under section 60(5) of the Insolvency and Bankruptcy Code,

2016 along with rule 11 of the National Company Law Tribunal Rules, 2016.

In the matter of:

Ideal Real Estates Private Limited [CIN: U70101WB1988PTC045347]

… Applicant

Versus

Oarsman Credit Private Limited

[CIN: U51900WB1994PTC066907]

… Respondent

Order pronounced on: 05.04.2024

Coram:

Shri Rohit Kapoor : Member (Judicial)

Shri Balraj Joshi : Member (Technical)

Appearances (through hybrid mode):

For the Financial Creditor : 1. Mr. Ratnanko Banerji, Senior Advocate

2. Mr. Reetibroto Mitra, Advocate

3. Ms. Urmila Chakrabortym Advocate

4. Mr. Aditya Kanodia, Advocate 5. Ms. Suparna Sardar, Advocate For the Corporate Debtor : 1. Mr. Joy Saha, Senior Advocate

2. Mr. Shaunak Mitra, Advocate

3. Mr. Dripto Majumdar, Advocate

4. Mr. Sa