In the absence of wide public notice of liquidation proceedings as required by Regulation 12(3), the limitation period for filing claims by creditors commences from their date of actual knowledge, and such claims may be entertained provided the distribution of assets has not been finalized.

O R D E R

IA (IBC) 329/2026

Present: Mr. Anand Das, Learned Counsel for the Applicant.

Orders pronounced, recorded vide separate sheets.

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

IN THE NATIONAL COMPANY LAW TRIBUNAL

HYDERABAD BENCH – I, HYDERABAD

IA (IBC) No. 329 of 2026

In

CP (IB) No. 111/7/HDB/2017

(Under section 42 of the IBC, 2016, read with Rule 11 of National Company

Law Tribunal Rules, 2016)

IN THE MATTER OF M/s. Lanco Infratech Ltd.

Between:

Joint Commissioner of Commercial Taxes & GST

CT & GST Circle, Cuttack I East, OSFC Tower,

OMP Square, Cuttack, Odisha - 753003

…Applicant

Versus

Ms. Anuradha Bisani,

Liquidator of M/s. Lanco Infratech Ltd

1-2-49/ Flat No.202, Chetan Abode Domalguda,

Himayat Nagar, Near Veera Showroom,

Hyderabad, Telangana - 500029

… Respondent

Date of Order: 16.04.2026

Coram:

Sri Rajeev Bhardwaj, Hon’ble Member (Judicial)

Sri Sanjay Puri, Hon’ble Member (Technical)

Parties/Counsels:

For Applicant : Mr. Anand Das, Advocate

Liquidator : Ms. Anuradha Bisani

1. The present application is filed by Joint Commissioner of Commercial Taxes & GST, CT & GST Circle, Cuttack-I East¹Applicant (Formerly known as Deputy Commissioner of Commercial Taxes & GST), under section 42 of the IBC²Insolvency and Bankruptcy Code, 2016, 2016, read with Rule 11 of NCLT Rules³National Company Law Tribunal Rules, 2016, against Ms. Anuradha Bisani⁴Liquidator/Respondent, Liquidator of M/s. Lanco Infratech Ltd ⁵Corporate Debtor, inter alia, seeking the following reliefs:

i) To condone the delay in filing proof of claim before the Respondent -Liquidator;

ii) To direct the Liquidator to process the claim submitted by the applicant Tax Department as per the provisions of the Code.

Brief Submissions of the Applicant:

2. It is submitted that the Corporate Debtor, M/s. Lanco Infratech Ltd., was carrying on its business activities of execution of works contract as well as trading activities in the State of Odisha having its place of business located within the district of Cuttack and was registered within the jurisdiction of the Applicant under the Orissa Value Added Tax Act, Orissa Entry Tax Act and Central Sales Tax (Odisha) Rules.

3. It is submitted that the Corporate Debtor for its business activities within the State of Odisha has been assessed for various Tax periods from 01/04/2011 to 30/06/2017 under the Orissa Value Added Tax Act, Orissa Entry Tax Act as well as the Central Sales Tax (Odisha) Rules after issuing statutory notices to the Corporate Debtor and accordingly assessment orders and demand notices were communicated to the Corporate Debtor and total arrear statutory tax dues including interest and penalty stood at Rs.740,20,84,616/-.

4. It is further submitted that owing to failure of the Corporate Debtor to pay the tax dues, the Applicant Department issued various show cause notices from time to time for payment of the tax dues and also initiated recovery proceeding and has also issued arrear intimations for the periods 01/10/2015 to 31/03/2016 and 01/04/2016 to 30/06/2017 vide notices dated 24/07/2020.

5. It is stated that the said notices issued by post as well as by email could not be served in the registered address of the Corporate Debtor whereafter the Applicant Department enquired into the matter and also asked Sri Sachitra Kumar Das, learned Advocate who usually appears on behalf of the Corpor