VC AND PHYSICAL (HYBRID) MODE ATTENDANCE CUM ORDER SHEET OF THE HEARING HELD ON 18-03-2026 AT 12:45 P.M.

O R D E R

IA (IBC) 456/2025

Present: Mr. Maligi Madhusudhan Reddy, Resolution Professional.

Orders pronounced, recorded vide separate sheets.

In the result, this application is allowed and disposed of.

IA(IBC) (Liq.,) 05/2025

Present: Mr. Maligi Madhusudhan Reddy, Resolution Professional.

Orders pronounced, recorded vide separate sheets.

In the result, this application is allowed and disposed of.

S.No.1 Present: Mr. Nitish Bandari, Learned Counsel for the Applicant.

Mr. Manav Gecil Thomas, Learned Counsel for the Respondent No.2.

Mr. Maligi Madhusudhan Reddy, Resolution Professional.

Orders pronounced, recorded vide separate sheets.

In the result, this application is dismissed.

IA (IBC) 1284/2025

Present: Mr. Maligi Madhusudhan Reddy, Resolution Professional.

Orders pronounced, recorded vide separate sheets.

In the result, this application is allowed and disposed of.

I A (IBC) 399/2026 in IA(IBC) 844/2025

Present: Mr. Nitish Bandari, Learned Counsel for the Applicant.

Mr. Maligi Madhusudhan Reddy, Resolution Professional.

This application has been filed seeking reopening I.A. No. 844/2025 in C.P. (IB) No.69/2023. There are no merits in the application, as the applicant has already been given an opportunity of hearing and for filing written submissions.

Accordingly, this application is dismissed as infructuous.

I A (IBC) 431/2026 in IA (IBC) 130/2025

Present: Mr. Nitish Bandari, Learned Counsel for the Applicant.

Mr. Maligi Madhusudhan Reddy, Resolution Professional.

This IA is directed to be listed along with IA (IBC) 130/2025.

Matter is adjourned to 23.03.2026.

Sd/- Sd/-

MEMBER (T) MEMBER (J)

IN THE NATIONAL COMPANY LAW TRIBUNAL,

HYDERABAD BENCH -I, HYDERABAD

In CP(IB) No. 69/9/HDB/2023

(Under section 14 of the Insolvency and Bankruptcy Code, 2016)

In the Matter of M/s. Naoline Infrastructure Private Limited

BETWEEN:

Maligi Madhusudhana Reddy

Resolution Professional of M/s. Naoline Infrastructure Private Limited

4th Floor HSR Eden, Road No.2, Banjarahills, Hyderabad, Telangana - 500034 .... Applicant/Resolution Professional

Versus

The Joint Commissioner,

Central Goods and Services Tax Office of the Principal Commissioner of Central Goods & Service Tax and Central Excise, Pune-I, GST Bhavan, 41/A, Sassoon Road, Opp. Wadia College, Pune-411001.…Respondent

Date of Order : 18.03.2026

Coram:

Sri Rajeev Bhardwaj, Hon’ble Member (Judicial)

Sri Sanjay Puri, Hon’ble Member (Technical)

Parties/Counsels:

For Applicant : Party-in-Person

For Respondent : None appeared

ORDER

1. The present application is filed by Maligi Madhusudhana Reddy, Applicant/Resolution professional, Resolution Professional of M/s. Naoline Infrastructure Private Limited, Corporate Debtor against the Joint Commissioner, Central Goods and Services Tax , Respondent Under section 60(5) read with section 14 of the Insolvency and Bankruptcy Code, 2016, inter alia, seeking to set aside the Order in Original No. PUN-CGST-001/JC-VGM203/2024-25 dated 03-02-2025 passed by the Joint Commissioner, Central Goods and Services Tax, Office of the Principal Commissioner of Central Goods & Service Tax and Central Excise, Pune-I on the Corporate Debtor.

Brief Submissions of the Applicant:

2. It is submitted that this Tribunal, vide order dated 04.06.2024 in C.P.(IB) No. 69/9/HDB/2023, admitted the Corporate Debtor into Corporate Insolvency Resolution Process (CIRP) and appointed Mr. Pankaj Bhattad as the Interim Resolution Professional (IRP). Subsequently, on an application filed in I.A. (IBC) No. 1523 of 2024, this Tribunal, vide order dated 23.07.2024, replaced the IRP and appointed the present Applicant as the Resolution Professional to conduct the CIRP of the Corporate Debtor.

3. The Applicant submits that, in response to the Public Announcement in Form ‘A’ issued by the Interim Resolution Professional on 06.06.2024, inviting claims from creditors, the Respondent filed its claim in Form ‘B’ on 03.09.2024, claimin