NATIONAL COMPANY LAW TRIBUNAL, MUMBAI BENCH COURT III Item No. 14 IA (I.B.C) 5994(MB)/2025 In C.P. (IB) 4412(MB)/2019 CORAM: MS. LAKSHMI GURUNG, MEMBER (J)

SH. HARIHARAN NEELAKANTA IYER, MEMBER (T) ORDER SHEET OF THE HEARING ON 08.01.2026 (HEARING THROUGH: HYBRID MODE)

NAME OF THE PARTIES: IDBI Trusteeship Services Limited Vs.

Nirmal Lifestyle Limited Appearance For Applicant : Sr. Counsel Gaurav Joshi a/w Adv. Nimay Dave a/w Adv. Shloak Sanghvi i/b Dhaval Vussonji & Associates For Respondent : Adv. Mrunali Lanjewar i/b MDP Associates (VC)

SECTION 7 OF THE IBC, 2016 __________________________________________________________________________

ORDER

IA (I.B.C) 5994(MB)/2025

1. This application has been filed by the Original Financial Creditor at whose behest Section 7 Petition was initially filed for revival Company Petition No. 4412 of 2019 and for recall of the order dated 09.02.2022. It is submitted that the petition was earlier withdrawn on the strength of the consent terms dated 05.08.2021.

2. The prayers sought are as follows:-

a) This Hon’ble Tribunal be pleased to declare that the Order dated

05.08.2021, against the Corporate Debtor is in effect in view of the Judgement dated 15.05.2023