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2026 Supreme(Online)(NCLT) 656

NATIONAL COMPANY LAW TRIBUNAL
Aurashine Essentials Private Limited – Appellant
Versus
Birendra Kumar Agarwal – Respondent


Advocates:
For the Petitioner:ANIRUTH PURUSOTHAMAN G

IN CP(IB) No. 93 of 2022 Under Section 60(5) of the Insolvency and Bankruptcy Code, 2016 read with Rule 11 of the NCLT Rules, 2016 In the Application of Aurashine Essentials Pvt. Ltd.

…Applicant Versus Birendra Kumar Agarwal …Respondent/Liquidator In the matter of Archisha Steels Private Limited …Financial Creditor Versus AJS Impex Private Limited …Corporate Debtor Order Delivered On : 06.02.2026 Coram Sh.Prabhat Kumar Sh.Sushil Mahadeorao Kochey Member (Technical) Member (Judicial)

Appearances:

For the Applicant : Adv. Aniruth Purushothaman G For the BMC : None Brief facts:

1. The present Application is filed on 23.05.2025 under Section 60(5) of the Insolvency and Bankruptcy Code, 2016 ("the Code/IBC") read with Rule 11 of the NCLT Rules, 2016, by Aurashine Essentials Pvt. Ltd. (“Applicant/Financial Creditor”) against Mr. Birendra Kumar Agarwal (“Respondent/Liquidator”) who was appointed as Liquidator for AJS Impex Private Limited (“Corporate Debtor”) vide order dated

30.04.2024, of this Tribunal seeking the following reliefs:

A. A direction be issued that, on account of payment of the consideration and execution of the Sale Deed by the Applicant for the Premises i.e., Unit No. 211 and

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