NATIONAL COMPANY LAW TRIBUNAL MUMBAI,

SPECIAL BENCH COURT II

Item No.123

IA 1932/2025 IA 3147/2025 IA 3291/2025 IA 4110/2025 IA 4407/2025

in C.P.(IB)3585(MB)2018

CORAM:

SHRI ANIL RAJ CHELLAN SHRI ASHISH KALIA

HON’BLE MEMBER (TECHNICAL) HON’BLE MEMBER (JUDICIAL)

ORDER SHEET OF HEARING (HYBRID) DATED 13.11.2025

NAME OF THE PARTIES : ICICI Bank Limited Vs. Gitanjali Gems Ltd.

For Liquidator in

IA 1932/2025,

IA 3147/2025 : Adv. Viraj Parikh, Ms. Abha Patel i/b Fortis India Law

For Applicant in

IA 3291/2025,

IA 4407/2025 : Adv. Ashish Pyasi, Mr. Anshu Rathore, Mr. Yashwin

Daga i/b Aendri Legal

For Respondent/Liquidator

in IA 3291/2025,

IA 4407/2025 : Adv. Viraj Parikh, Ms. Abha Patel i/b Fortis India Law

U/s 7 of (IBC)

_________________________________________________________________________

ORDER

IA 1932/2025

This is an application filed by the applicant seeking following reliefs :- a) direct the Respondent to lift / vacate their attachment or deattach

all the assets of the Corporate Debtor to enable the Applicant

Liquidator to conclude the liquidation proceedings;

1. It is respectfully submitted that the present petition seeks directions to vacate the attachment order passed by the Income Tax Department in res