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NCLT INDORE BENCH

IA No. 2 of 2025

In

NATIONAL COMPANY LAW TRIBUNAL

CP(IB) No.33 of 2023

INDORE SPECIAL BENCH

ITEM No.9

IA(Dis)/2(MP)2025

in

CP(IB)/33(MP)2023

Order under Section Sec 54(1) r.w Reg 45(3)(b)

IN THE MATTER OF:

Amit Chopra Liquidator –of Pooja Soya Industries Ltd ........Applicant

Coram:

Mohan P. Tiwari, Hon’ble Member(J)

Sanjeev Sharma, Hon’ble Member(T)

PRONOUCMENT ORDER

Delivered on 30/01/2026

The case is fixed for pronouncement of the order. The order is pronounced in open

Court vide separate sheet.

Sd/- Sd/-

SANJEEV SHARMA MOHAN P. TIWARI

MEMBER (TECHNICAL) MEMBER (JUDICIAL)

Neeraj

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NCLT INDORE BENCH

IA No. 2 of 2025

In

CP(IB) No.33 of 2023

IN THE NATIONAL COMPANY LAW TRIBUNAL

INDORE BENCH

IA No.2 of 2025

In

CP(IB) 33 of 2023

In the matter of :

Pooja Soya Industries Private Limited Amit Chopra

Liquidator of Pooja Soya Industries Private Limited …. Applicant

CORAM:

HON’BLE SH. Mohan P. Tiwari, MEMBER (J)

HON’BLE SH. Sanjeev Sharma, MEMBER (T)

Appearances:

For the Applicants: Ms. Ayushi Patidar, PCA

ORDER

Delivered on 30.01.2026

1. The present application has been filed by the Liquidator, Mr. Amit

Chopra, of M/s Pooja Soya Industries Private Limited, under Section

54 of the Insolvency and Bankruptcy Code, 2016 (“the Code”) read

with Regulation 45(3)(b) of the Insolvency and Bankruptcy Board of

India (Liquidation Process) Regulations, 2016, seeking dissolution of

the Corporate Debtor.

2. The Corporate Debtor was admitted into the Corporate Insolvency

Resolution Process (CIRP) by this Tribunal vide order dated 19.10.2023

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NCLT INDORE BENCH

IA No. 2 of 2025

In

CP(IB) No.33 of 2023

passed in CP(IB)/33(MP)2023 under Section 7 of the Insolvency and

Bankruptcy Code, 2016, appointing Mr. Kuldeep Tank as the Interim

Resolution Professional, who was thereafter confirmed as the Resolution

Professional.

3. It is further seen that since no resolution plan was received during the CIRP,

this Tribunal vide order dated 22.01.2025, passed in IA(IBC)(Liq.) /2/ MP/

2024, ordered liquidation of the Corporate Debtor and appointed the

present Applicant as the Liquidator. The said liquidation order was

received on 23.01.2025.

4. Pursuant thereto, the Liquidator made a public announcement in Form-B

on 28.01.2025, in accordance with Regulation 12 of the IBBI (Liquidation

Process) Regulations, 2016, inviting claims from all stakeholders. The last

date for submission of claims was 21.02.2025

5. Based on the claims received, the Liquidator verified the same and

prepared the List of Stakeholders along with the composition of the

Stakeholders’ Consultation Committee (SCC), which was filed before

this Tribunal on 07.04.2025 and taken on record vide order dated

02.07.2025. Subsequently, upon admission of the revised claim of the

Provident Fund Department, the SCC was reconstituted accordingly.

6. It is further averred that the Liquidator prepared the Preliminary Report

and Asset Memorandum, which were filed before this Tribunal on

23.02.2025 the same was taken on record vide order dated 03.03.2025. It

was recorded therein that the Corporate Debtor did not possess any

immovable or substantial tangible assets.

7. Further that the operations of the Corporate Debtor had completely ceased

in the financial year 2015–16. The entire manufacturing facility of the

Corporate Debtor, including leasehold land, building, plant and machinery,

was sold in the year 2021 with the permission of the secured lender, as the

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NCLT INDORE BENCH

IA No. 2 of 2025

In

CP(IB) No.33 of 2023

assets were mortgaged. The sale proceeds were utilized towards full and

final settlement of the dues of State Bank of India, which thereafter issued

a No Dues Certificate.

8. Further, that there are no assets available in the name of the Corporate

Debtor which could be liquidated under the categories of land and building

or plant and machinery. The valuation conducted during the CIRP for the

asset class of securities and financial assets amounted to ₹6,59,841.06,

comprising trade receivables and cash and b