# In the matter of Nextgen Infratel Private Limited

> NCLT judgment dated 2025-11-11. Citation: TCN-2025-NCLT-01760. An application was filed seeking the withdrawal of the Corporate Insolvency Resolution Process…

- **Court:** NCLT
- **Order date:** 11 Nov 2025
- **Citation:** TCN-2025-NCLT-01760
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-allahabad/nextgen-infratel-private-limited-0a81820a

## Summary

### Background

An application was filed seeking the withdrawal of the Corporate Insolvency Resolution Process (CIRP) against Nextgen Infratel Private Limited.

## Facts

An application was filed seeking the withdrawal of the CIRP against Nextgen Infratel Private Limited.

The CoC, comprising the Operational Creditor and the Income Tax Department, passed a resolution with 100% voting in favor of the withdrawal.

The Resolution Professional was authorized to file the necessary application before the NCLT.

The CoC gave 100% consent for the withdrawal as per Section 12A of the Code.

The entire CIRP cost of Rs. 3 Lakh has been paid.

The NCLT allowed the application filed under Section 12A of the Code, and the CIRP was withdrawn.

## Issues and analysis

### Issue 1: Whether the application filed under Section 12A of the Insolvency and Bankruptcy Code, 2016 for …

**Ratio:** Section 12A of the Insolvency and Bankruptcy Code, 2016 allows for the withdrawal of CIRP

…

**Reasoning:** The CoC, comprising the Operational Creditor and the Income Tax Department, gave 100%

…

**Interpretation:** The requirement under Section 12A of the Code is met as the CoC has given 100%

…

**Application:** The application filed under Section 12A of the Code is allowed, and the CIRP is

…

## Parties

- **Judges:** Praveen…; Ashish…
- **Appellants:** Gupshup Technology…
- **Respondents:** Nextgen Infratel…
- **Advocates:** Devul D…

## Timeline

- **2025-11-11 — Order Da…**: Date of the order passed by the National…
- **2024-02-13 — Dismissed as w…**: CP (IB) No.483/ALD/2019…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 12A — (1) Subject to sub](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-12a)

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