S.No.3

IN THE NATIONAL COMPANY LAW TRIBUNAL

HYDERABAD BENCH – 1

VC AND PHYSICAL (HYBRID) MODE

ATTENDANCE CUM ORDER SHEET OF THE HEARING HELD ON

03-12-2025 AT 12:45 P.M.

CP(IB) No. 237/59/HDB/2024

u/s. 59 of IBC, 2016

IN THE MATTER OF:

Mr. Narendar Reddy Banala , Voluntary Liquidator in the matter of M/s. SUB-K

Impact Finance Pvt. Ltd., …Petitioner

AND

RoC , Telangana …Respondent

C O R A M:-

SH. RAJEEV BHARDWAJ, HON’BLE MEMBER (JUDICIAL)

SH. SANJAY PURI, HON’BLE MEMBER (TECHNICAL)

O R D E R

Present: Mr. Narendar Reddy Banala, Voluntary Liquidator.

Orders pronounced, recorded vide separate sheets.

In the result, this CP(IB) No. 237/59/HDB/2024 is allowed and disposed of.

Sd/- Sd/-

MEMBER (T) MEMBER (J)

Sridher/Manohar

NATIONAL COMPANY LAW TRIBUNAL HYDERABAD BENCH - 1 PETITION U/S 59(7) OF IBC, 2016 READ WITH REGULATION 38(3) OF IBBI (VOLUNTARY LIQUIDATION PROCESS) REGULATIONS, 2017 IN THE MATTER OF M/S SUB-K IMPACT FINANCE PVT. LTD (IN VOLUNTARY LIQUIDATION)

Filed by:

NARENDER REDDY BANALA, Liquidator of M/s Sub-K Impact Finance Private Limited Regn No. IBBI/IPA-003/IP-N000376/2021-2022/13910 Address: 3-7-406/PS/204, 2^nd Floor, Flat #204, Parkstone Apartments, Sirimalle Nagar Colony, Hyderguda, Aditya Pharmacy, Hyderabad, Telangana – 500048, India … Applicant /

Liquidator Date of order: 3.12.2025 CORAM Shri Rajeev Bhardwaj, Hon’ble Member (Judicial)

Shri Sanjay Puri, Hon’ble Member (Technical)

Appearance:

For Applicant : Shri Narender Reddy Banala, Liquidator For RoC : Shri Ravi Metta, DRoC [PER: BENCH]

1. This Company Petition under Section 59 of the Insolvency and Bankruptcy Code, 2016 (herein after referred to as “Code”) is filed by the Corporate Person M/S. SUB-K IMPACT FINANCE PRIVATE LIMITED, represented by the Liquidator Mr. NARENDER REDDY BANALA seeking dissolution of the Company under voluntary liquidation process.

2. DETAILS OF THE COMPANY:

a) M/s. Sub-K Impact Finance Private Limited (hereinafter referred to as the “Company”), is a Company incorporated under the provisions of Companies Act, 2013, on 02.01.2020, bearing CIN: U65990TG2020PTC138141 and having its registered office at 3^rd Floor, Surabhi Arcade, Troop Bazaar, Bank Street, Koti, Hyderabad, Telangana – 500001 India. The Company is primarily engaged in the business of finance, specializing in hire purchase and leasing services. It undertakes, arranges, and syndicates a wide range of financial solutions aimed at facilitating the financing needs of individuals, industries, and corporate clients.

b) The Company was primarily engaged in the business of finance, hire purchase and / or leasing, to undertake and / or arrange or syndicate all types of business relating to financing of individuals, industry or corporates etc.

c) The Authorized Capital of the Company is Rs.2,00,00,000/-

(Rupees Two Crores only) divided into 20,00,000 (Twenty Lakh) equity shares of Rs.10/- (Rupees Ten only) each and the Fully Subscribed and Paid-Up Capital of the Company is Rs.2,00,00,000/- (Rupees Two Crores only) divided into 20,00,000 (Twenty Lakh) fully paid-up equity shares of Rs.10/- (Rupees Ten only) each.

3. THE BOARD OF DIRECTORS OF THE COMPANY :

The names and addresses of the Directors of the Applicant Company as on the Liquidation Commencement date i.e. 31.07.2024 are as follows:

4. The DETAILS OF SHAREHOLDERS OF THE COMPANY:-

5. BRIEF OVERVIEW OF THE LIQUIDATION PROCESS BY THE APPLICANT (a) RESOLUTION PASSED IN THE BOARD MEETING:

The Board of Directors of the Corporate Person, through a resolution passed at their Board Meeting held on 29.07.2024, proposed the voluntary liquidation of the Company. This decision was made as the Company has not obtained the NBFC license from the Reserve Bank of India (RBI) and, consequently, has not commenced any business activities since its inception. A copy of the Board resolution is marked as Annexure-B Accordingly, pursuant to the provisions of Section 59(3)(a) of the Insolvency and Bankruptcy Code, 2016 (“Code”), read with Regulation 3 of the Insolvency and Bankruptcy (Volunta