# In the matter of INFOTECH HAL LIMITED

> NCLT judgment dated 2026-02-27. Citation: TCN-2026-NCLT-00197. Infotech HAL Limited filed a Company Petition (C.P. (IB) No. 99 of 2024) under Section 10 of…

- **Court:** NCLT
- **Order date:** 27 Feb 2026
- **Citation:** TCN-2026-NCLT-00197
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-bengaluru/infotech-hal-limited-c099f25c

## Summary

### Background

Infotech HAL Limited filed a Company Petition (C.P. (IB) No. 99 of 2024) under Section 10 of the IBC to initiate CIRP against itself. The petition was admitted on 22.08.2025, and Vasudevan Gopu was appointed as the Interim Resolution Professional (IRP), later confirmed as Resolution Professional.

## Facts

Infotech HAL Limited filed a petition under Section 10 of the IBC to initiate CIRP against itself.

The petition was admitted on 22.08.2025, and Vasudevan Gopu was appointed as IRP.

The IRP issued public announcements inviting claims from creditors.

The CoC was constituted with operational creditors and reconstituted multiple times.

The CoC approved the liquidation of the company with 78.70% of votes.

Vasudevan Gopu was appointed as the Liquidator, and his remuneration was fixed.

The Adjudicating Authority allowed the application for liquidation and directed Infotech HAL Ltd. to be liquidated.

## Issues and analysis

### Issue 1: Whether the application for liquidation under …

**Ratio:** Section 33(2) of the IBC allows the Adjudicating Authority to pass a liquidation order if

…

**Reasoning:** The CoC approved the liquidation of the company with 78.70% of votes, and the RP

…

**Interpretation:** The Adjudicating Authority interpreted Section 33(2) to mean that it has the

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**Application:** The Adjudicating Authority applied Section 33(2) and allowed the application

…

## Parties

- **Judges:** Sunil Kumar…; Radhakrishna…
- **Respondents:** Infotech HAL…
- **Other parties:** Assistant…; JJJ I-ITECH…; +7 more

## Timeline

- **2024 — Filing of Company…**: Company Petition (C.P (IB) No. 99 of 2024) filed under Section 10 of IBC by Infotech HAL…
- **2025-08-22 — Admission of…**: Petition admitted and Shri. Vasudevan Gopu appointed as Interim Resolution Professional…

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