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

29-04-2024 AT 10:30 AM

CP(IB) No. 663/7/HDB/2018

AND

IA(IBC) 1077 & 2012/2023, IA(IBC) 57/2021 in CP(IB) No. 663/7/HDB/2018

u/s. 7 of IBC, 2016

IN THE MATTER OF:

State Bank of India …Financial Creditor

AND

Mr. Umesh Purshottam Jethwani

(M/s. Meena Jewellers Pvt Ltd) …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) 1077 /2023

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

directions are given as mentioned in the order.

IA(IBC) 2012/2023

In the light of the orders passed in IA No 1077/2023 whereby this Tribunal has passed an order quashing the letter dated.29.10.2022 issued by Commissioner of customs, we are of the view that the time consumed in between 30.06.2021 and 29.11.2022 can be excluded from the period of liquidation. Accordingly, this application is allowed and the period commencing from 30.06.2021 to 29.11.2022 is hereby excluded from the liquidation period and the liquidator is directed to complete the liquidatio