Authority: National Company Law Tribunal (NCLT), Indore Bench, Court No. 1
Order Date: 17/06/2026
Case Overview
The application, numbered IA/449(MP)2025, was filed within the main transfer petition TP 174 of 2019, which itself arose from the main company petition CP(IB) 426 of 2018. The proceedings were initiated under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, read with Regulation 30(E) and Regulation 32A of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. The applicant was M/s Agrifriend Ventures LLP, and the respondent was Mr. Anil Agrawal in his capacity as the Liquidator of STL Exports Ltd. The matter was heard by a bench comprising Hon'ble Shri Brajendra Mani Tripathi, Member (Judicial), and Hon'ble Shri Man Mohan Gupta, Member (Technical). The applicant was represented physically by Advocate Ms. Soumya Dharwa, while the respondent liquidator appeared in person via online mode.
Final Outcome
The respondent liquidator submitted to the bench that he had no objection to the reliefs sought in the application filed by Agrifriend Ventures LLP. After hearing the representatives of both parties and perusing the case record, the bench reserved the matter for passing a final order. The outcome of the application is pending.
Topics: NCLT, Corporate Insolvency, Liquidator