# M/s. Avantine Software Private Limited vs. M/s. Baron Infotech Limited

> NCLT judgment dated 2026-09-08. Citation: TCN-2026-NCLT-01019. The Corporate Debtor, M/s. Baron Infotech Limited, was admitted into Corporate Insolvency…

- **Court:** NCLT
- **Order date:** 8 Sept 2026
- **Citation:** TCN-2026-NCLT-01019
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-hyderabad/ms-avantine-software-private-limited-vs-ms-baron-infotech-limited-kn6mr

## Summary

### Background

The Corporate Debtor, M/s. Baron Infotech Limited, was admitted into Corporate Insolvency Resolution Process (CIRP) on 10.05.2024. An Interim Resolution Professional (IRP) was appointed, who subsequently issued a public announcement inviting claims from creditors. A Committee of Creditors (CoC) was constituted with M/s. Avantine Software Private Limited as the sole member, holding a 100% voting share. After several extensions and a previous resolution plan dismissal, a new Resolution Professional (RP) was appointed, and fresh Expressions of Interest (EoI) were invited, leading to the submission of multiple resolution plans.

## Facts

The Corporate Debtor (M/s. Baron Infotech Limited) was admitted into Corporate Insolvency Resolution Process (CIRP) by the Tribunal vide Order dated 10.05.2024.

Mr Haridasu Sambasiva Rao was appointed as the Interim Resolution Professional (IRP).

The IRP issued a Public Announcement on 15.05.2024, inviting claims from the Creditors of the Corporate Debtor.

The Committee of Creditors (CoC) was constituted with M/s. Avantine Software Private Limited as the sole member, holding a 100% voting share.

The CoC passed a Resolution in its 1st meeting on 08.06.2024 for appointing Mr Bondalapati Srinivasa Rao as the Resolution Professional (RP), which was approved by the Tribunal on 08.01.2025.

…

## Issues and analysis

### Issue 1: Whether the Resolution Plan approved by the Committee of Creditors complies with the provisions of …

**Ratio:** The Resolution Plan submitted by M/s Innopark (India) Private Limited and approved by the

…

**Reasoning:** The Tribunal carefully considered the submissions made by the Applicant RP and thoroughly

…

**Interpretation:** Compliance with Section 30(2) and the specified regulations indicates that the

…

**Application:** Based on the detailed examination of the Resolution Plan's provisions and the

…

## Parties

- **Judges:** SHRI. RAJEEV…; SHRI. SANJAY…
- **Appellants:** M/s. Avantine…; CS Dr Ahalada Rao…; +1 more
- **Respondents:** M/s. Baron…
- **Other parties:** Vishnu Vardhan…; Mr Haridasu…; +9 more
- **Advocates:** Naresh Kumar…; Pavni…; +2 more

## Timeline

- **2024-05-10 — CIRP Admission and IRP…**: The Corporate Debtor (M/s. Baron Infotech Limited) was admitted into Corporate Insolvency…
- **2024-05-15 — Public Announcement by…**: The IRP issued a Public Announcement inviting claims from the Creditors of the Corporate…

## 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)

---

This is a preview. The full structured summary, issues, precedents and source judgment are available on CaseEase - Legal Intelligence Simplified: https://caseease.in/cases/ibc/nclt-hyderabad/ms-avantine-software-private-limited-vs-ms-baron-infotech-limited-kn6mr