Compuage Infocom Limited (“CIL”), an Indian-incorporated company, faced financial difficulties due to a recession in the IT sector and stiff competition. To meet its working capital requirements, CIL entered into a loan agreement with another Indian company on 2 August 2021 but defaulted on repayments. Consequently, the creditor company initiated a Corporate Insolvency Resolution Process (“CIRP”) against CIL on 20 March 2023. The National Company Law Tribunal (“NCLT”) admitted the CIRP on 2 November 2023 and appointed an interim Resolution Professional (“RP”). Mr. Jain later replaced the interim RP. OA 1272 was filed by CIL on 5 December 2024 to obtain bank statements of CIL’s Singapore branch and to change the authorized signatory of those accounts to Mr. Jain. The

Compuage Infocom Limited (“CIL”), an Indian-incorporated company, faced financial difficulties due to a recession in the IT sector and stiff competition. To meet its working capital requirements, CIL entered into a loan agreement with another Indian company on 2 August 2021 but defaulted on repayments. Consequently, the creditor company initiated a Corporate Insolvency Resolution Process (“CIRP”) against CIL on 20 March 2023. The National Company Law Tribunal (“NCLT”) admitted the CIRP on 2 November 2023 and appointed an interim Resolution Professional (“RP”). Mr. Jain later replaced the interim RP. OA 1272 was filed by CIL on 5 December 2024 to obtain bank statements of CIL’s Singapore branch and to change the authorized signatory of those accounts to Mr. Jain. The