IN THE NATIONAL COMPANY LAW TRIBUNAL ___________________________________________________________________

IA No.631 of 2025 IN CP (IB) No.152 of 2024 (Application filed under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, read with Rule 11 of NCLT Rules, 2016)

IN THE MATTER OF:

Deepak Kumar Garg Interim Resolution Professional For M.S.A. Steel & Alloys Private Limited Address: 7A, Atma Ram House, Tolstoy Marg, Barakhambha Road, New Delhi 110001 Email: cirp.msa@gmail.com ...... Applicant/IRP Versus Pashimanchal Vidyut Vitran Nigam Limited Office of The Chief Engineer Electricity Urban Distribution Division III 16-Tikait Vihar, Parikarma Marg Muzaffarnagar, Uttar Pradesh 251001 Email: xenucivilline.mzn@pvvnl.org eeitmrt@pvvnl.org itdiv.mrt@pvvnl.org ….. Respondent AND IN THE MATTER OF:

Mr. Shabaj Ali Proprietor of M/s Golden Steel ..... Operational Creditor Versus M.S.A. Steel & Alloys Private Limited .....Corporate Debtor Pronouncement on: 22.04.2026 Coram:

Mr. Praveen Gupta : Member (Judicial)

Mr. Ashish Verma : Member (Technical)

Appearances:

Sh. Krishna Dev Vyas, Adv. : For the Applicant/IRP None : For the non-applicant/Respondent/PVVNL

ORDER

1. This present application has bee