# In the matter of ADITYAMAN ENTERPRISES PRIVATE LIMITED

> Read the full IBC case summary for In the matter of ADITYAMAN ENTERPRISES PRIVATE LIMITED. NCLT judgment dated 2025-09-24. Citation: TCN-2025-NCLT-01472.

- **Court:** NCLT
- **Order date:** 24 Sept 2025
- **Citation:** TCN-2025-NCLT-01472
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/adityaman-enterprises-private-limited-16894c41

## Summary

### Background

The Interlocutory Application was filed by the Resolution Professional under Section 33 of the Insolvency and Bankruptcy Code, 2016, to initiate the Liquidation Process for the Corporate Debtor, Adityaman Enterprises Private Limited, due to a lack of a viable resolution plan and non-cooperation from the Committee of Creditors and suspended directors.

## Facts

The Corporate Insolvency Resolution Process (CIRP) for Adityaman Enterprises Private Limited was initiated by the Tribunal on March 6, 2025, following the admission of a Company Petition under Section 7 of the Insolvency and Bankruptcy Code, 2016. Mr. Vivek Murlidhar Dabhade was appointed as the Interim Resolution Professional (IRP) and subsequently confirmed as the Resolution Professional (RP).

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## Issues and analysis

### Issue 1: Whether the Corporate Debtor, Adityaman Enterprises Private Limited, should be liquidated under…

**Ratio:** The Corporate Debtor shall be liquidated as no resolution plan was received and the…

**Reasoning:** The Committee of Creditors (CoC) decided to initiate liquidation proceedings due to the…

**Interpretation:** Section 33 of the IBC, 2016, mandates liquidation if no resolution plan is…

**Application:** Given the CoC's resolution to liquidate and the lack of a viable resolution…

## Parties

- **Judges:** Prabhat…; Sushil Mahadeorao…
- **Advocates:** For the Applicant/…; Ld. Cou…

## Timeline

- **March 6, 2025 — CIRP Init…**: Corporate Insolvency Resolution Process (CIRP) of Adityaman Enterprises Private Limited…
- **March 8, 2025 — Public Announcement…**: Resolution Professional published Form - A in Indian Express inviting claims against the…

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