NCLT Recalls Vasupujya Enterprises Insolvency Order

NCLT Kolkata Bench recalls CIRP admission order against Vasupujya Enterprises after discovering it is a registered NBFC.
Corporate Debtor's asset size of ₹69.57 crores falls below ₹500 crore threshold for IBC proceedings against NBFCs.
IRP Kanchan Dutta is discharged, with all costs and professional fees to be paid by the Committee of Creditors.
Tribunal cites jurisdictional error in initial admission order and relies on NCLAT precedent for NBFC exclusion.