# In the matter of INFOTECH HAL LIMITED

> NCLT judgment dated 2025-08-22. Citation: TCN-2025-NCLT-01245. Infotech HAL Limited filed a petition under Section 10 of the Insolvency and Bankruptcy Code,…

- **Court:** NCLT
- **Order date:** 22 Aug 2025
- **Citation:** TCN-2025-NCLT-01245
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-bengaluru/infotech-hal-limited-2266085e

## Summary

### Background

Infotech HAL Limited filed a petition under Section 10 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate Corporate Insolvency Resolution Process (CIRP) for itself.

## Facts

Infotech HAL Limited filed an application under Section 10 of the IBC, 2016 to initiate CIRP.

The Corporate Applicant has a financial debt of Rs. 4,09,59,120/- and an operational debt of Rs. 80,95,324/-.

The Corporate Applicant passed a special resolution on 29.09.2023 for initiating CIRP against itself.

The Applicant has suggested Shri. Vasudevan Gopu as a qualified Resolution Professional.

The total amount of default is stated to be Rs. 4,90,54,444/-.

## Issues and analysis

### Issue 1: Whether the application under Section 10 of the IBC, …

**Ratio:** As per Section 10 of the IBC, 2016, a Corporate Applicant can file an application before

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**Reasoning:** The Adjudicating Authority considered the facts presented, including the existence of

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**Interpretation:** The Adjudicating Authority interpreted Section 10 to allow a Corporate

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**Application:** The Adjudicating Authority applied Section 10 and admitted the application,

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## Parties

- **Judges:** Sunil Kumar…; Radhakrishna…
- **Respondents:** Infotech HAL…
- **Other parties:** Vasudevan…
- **Advocates:** G Sudh…

## Timeline

- **2024-03-20 — Petition…**: Infotech Hal Limited filed the…
- **2023-09-29 — Special Res…**: Special Resolution passed by the Petitioner on…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 11 — Persons not entitled to make application](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-11)

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