Tribunals and CommissionsDivision Bench(2025) 07 NCLT CK 1495

Suntech Ceramics Private Limited vs Insolvency And Bankruptcy Board Of India

National Company Law Tribunal, New Delhi · Decided on 30 July 2025

HON’BLE JUDGES
Manni Sankariah Shanmuga Sundaram, Member (Judicial) · Atul Chaturvedi, Member (Technical)
CASE NUMBER
New IA/3653/ND/2025 in IB/174/ND/2025

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Judgment

8 paragraphs · 124 words

ORDER

New IA/3653/ND/2025:-

This application has been filed seeking the following prayers;-

a. “To Allow the present Application;

b. Pass an order for withdrawal of the ongoing voluntary liquidation proceedings initiated under the Section 59 of IBC, 2016 which is pending before Hon'ble NCLT, New Delhi vide IB-l 74/ND/2025;

c. Pass Order for reinstate the status of Company as existing before voluntary liquidation commencement date; and

d. Pass such other necessary order( s) / direction( s) as this Hon'ble Tribunal may deem fit and proper.”

Considering the facts and circumstances of the application as well as averments contained in Para (b) & (c) of the application, this Adjudicating Authority is inclined to allow the present application i.e. IA/3653/ND/2025, consequently, IB/174/ND/2025 stands dismissed as withdrawn.