THE NATIONAL COMPANY LAW TRIBUNAL CHANDIGARH BENCH, COURT-I, CHANDIGARH (Exercising powers of Adjudicating Authority under the Insolvency and Bankruptcy Code, 2016)

IA (I.B.C) No. 1232 of 2023 CP(IB) No. 264/Chd/Pb/2020 (Admitted)

Under Sections 30(6) and 31 of the Insolvency and Bankruptcy Code, 2016, read with Regulation 39 of IBBI Regulations, 2016 In the matter of :

M/S Valueworth Capital Management Private Limited …Petitioner/Corporate Debtor And Mr. Gurdev Bassi ...Resolution Professional/Applicant And in the matter of IA (I.B.C) No.1232 /2023:

Gurdev Bassi Resolution Professional Reg. No.-IBBI/IPA-001/IP-P-01633/2019-2020/12504 Address-1629 Progressive Housing Society, Sec-50-В, Chandigarh, 160047 ………Applicant Vs.

1. Smt. Sandla Bhandari Member of Suspended Board of Directors Valueworth Capital Management Private Limited

3497, Sector 40D, Chandigarh 160036.

2. Mr. Vishal Bhandari Member of Suspended Board of Directors Valueworth Capital Management Private Limited

3497, Sector 40D, Chandigarh 160036.

…….. Respondents Order delivered on: 08.01.2026 Coram: HON’BLE MR.KHETRABASI BISWAL, MEMBER (JUDICIAL)

HON’BLE SH. SHISHIR AGARWAL, MEMBER (TECHNICAL)

Present :-

For the Resolution Professio