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2025 Supreme(Online)(SEBI) 21

SECURITIES AND EXCHANGE BOARD OF INDIA
Order in the matter of Avil Menezes vs. Central Depository Services (India) Limited and Ors. (IA 2590 of 2025 in CP No. 1113 of 2022)


under Section 60(5) read of the Insolvency and Bankruptcy Code, 2016 Avil Menezes Interim Resolution Professional of Future Corporate Resources Private Limited ...Applicant Central Depository Services (India) Limited And Ors ...Respondent In the matter of COMPANY PETITION NO. 1113 OF 2022 CENTRAL BANK OF INDIA …Petitioner/Financial Creditor V/s FUTURE CORPORATE RESOURCES PRIVATE LIMITED …Respondent/Corporate Debtor Order delivered on: 31.10.2025 Coram Shri Prabhat Kumar Shri Sushil Mahadeorao Kochey Hon’ble Member (Technical) Hon’ble Member (Judicial)

Appearances:

C.P.(IB) NO. 1113 (MB) OF 2022 For the Applicant : Mr. Dhrupad Vaghani a/w Mr. M. K.

For the Respondents : Mr. Suraj Chaudhary Mr. Abhay Chauhan, Mr. Ajit Shah Mr. Parikshit Pania, Mr. Ajit Singh Tawar and Mr.

Prakhar Tandon.

ORDER

1. This Application IA 2590/2025 was filed by Mr. Avil Menezes, (Applicant) Interim Resolution Professional of Future Corporate Resources Private Limited under section 60(5) READ of the Insolvency and Bankruptcy Code, 2016, seeking following reliefs:-

a) Allow this Application;

b) To remove the debit freeze on the Demat Account having Client ID: 00009754 of the Corporate Debtor with immediate effect;

c

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