# In the matter of ANANDA BHARATHI FERTILIZERS (INDIA) PRIVATE LIMITED

> NCLT judgment dated 2025-12-03. Citation: TCN-2025-NCLT-01801. The Corporate Debtor (CD), Ananda Bharathi Fertilize Limited, was admitted into Corporate…

- **Court:** NCLT
- **Order date:** 3 Dec 2025
- **Citation:** TCN-2025-NCLT-01801
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-hyderabad/ananda-bharathi-fertilizers-india-private-limited-116d490e

## Summary

### Background

The Corporate Debtor (CD), Ananda Bharathi Fertilize Limited, was admitted into Corporate Insolvency Resolution Process (CIRP) by an order of the Tribunal dated 14.02.2024. The Applicant was appointed as the Interim Resolution Professional (IRP).

## Facts

The Corporate Debtor was admitted into CIRP on 14.02.2024.

The Applicant was appointed as the Interim Resolution Professional (IRP).

The IRP issued a public announcement inviting claims from creditors.

The Committee of Creditors (CoC) was constituted, initially comprising Canara Bank with 100% voting share.

The CoC confirmed the IRP as the Resolution Professional (RP).

The RP appointed Registered Valuers for valuation work.

The suspended management initially did not cooperate but later handed over possession.

The CoC deliberated on an OTS proposal from the suspended promoters, but it lacked binding terms.

The CoC approved publication of Form-G inviting Expressions of Interests (Eols) from Prospective Resolution Applicants (PRAs).

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## Issues and analysis

### Issue 1: Whether the liquidation of the Corporate Debtor is justified under Section 33(1)(b) of the …

**Ratio:** Section 33(1)(b) of the Insolvency and Bankruptcy Code, 2016, allows for liquidation when

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**Reasoning:** The CoC, holding 95.57% voting share, recommended liquidation after extensive discussions

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**Interpretation:** The Tribunal interpreted Section 33(1)(b) to mean that if no viable resolution

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**Application:** The Tribunal applied Section 33(1)(b) and ordered the liquidation of the

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## Parties

- **Judges:** Rajeev Bh…; Sanjay…
- **Appellants:** Canara…; Mr K Murali…
- **Respondents:** Ananda Bharathi…
- **Other parties:** Adhya Indu…; Hyderabad Sheet…; +7 more
- **Advocates:** Ms G Su…

## Timeline

- **2024-02-14 — Admission in…**: The Corporate Debtor was admitted into Corporate Insolvency Resolution Process (CIRP) by…
- **2024-03-01 — Public Annou…**: The IRP issued a public announcement in Form-A inviting claims from the creditors of the…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 7 — Initiation of corporate insolvency resolution…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-7)

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