# In the matter of A TO Z BARTER PRIVATE LIMITED

> Read the full IBC case summary for In the matter of A TO Z BARTER PRIVATE LIMITED. NCLT judgment dated 2025-09-03. Citation: TCN-2025-NCLT-01360.

- **Court:** NCLT
- **Order date:** 3 Sept 2025
- **Citation:** TCN-2025-NCLT-01360
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/a-to-z-barter-private-limited-f451041a

## Summary

### Background

The application was filed seeking approval of the liquidator's resignation and the appointment of a new liquidator for the corporate debtor.

## Facts

Mr. Sanjay Garg was appointed as the Liquidator of the Corporate Debtor, M/s. A to Z Barter Pvt. Ltd., by an order dated January 4, 2021. He subsequently tendered his resignation via a letter dated July 14, 2025, in accordance with Regulation 22A of the IBBI (Insolvency Professional) Regulations, 2016. This resignation was then presented to the Stakeholders Consultation Committee (SCC).

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## Issues and analysis

### Issue 1: Whether the Adjudicating Authority should approve…

**Ratio:** The resignation of the liquidator, if recommended by the SCC and compliant with relevant…

**Reasoning:** The Stakeholders Consultation Committee (SCC) recommended the acceptance of the…

**Interpretation:** Regulation 22A of the IBBI (Insolvency Professional) Regulations, 2016, allows…

**Application:** Given the SCC's recommendation and the liquidator's adherence to Regulation…

## Parties

- **Judges:** BACHU VENKAT…; Sanjeev R…
- **Advocates:** KD Sh…; Manoj Kuma…

## Timeline

- **January 4, 2021 — Appointment of…**: Mr. Sanjay Garg was appointed as the…
- **July 14, 2025 — Resignation T…**: The Applicant/Liquidator, Mr. Sanjay Garg,…

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