# In the matter of RCM Infrastructure Limited

> NCLT judgment dated 2025-11-17. Citation: TCN-2025-NCLT-01758. The application IA (IBC) 1764/2025 is filed under Section 12A of the Insolvency and Bankruptcy…

- **Court:** NCLT
- **Order date:** 17 Nov 2025
- **Citation:** TCN-2025-NCLT-01758
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-hyderabad/rcm-infrastructure-limited-c22355c7

## Summary

### Background

The application IA (IBC) 1764/2025 is filed under Section 12A of the Insolvency and Bankruptcy Code, 2016 read with Regulation 30A of the CIRP Regulations, 2016 for withdrawal of the Corporate Insolvency Resolution Process of M/s. RCM Infrastructure Limited.

## Facts

An application was filed under Section 12A of the IBC for withdrawal of the CIRP of M/s. RCM Infrastructure Limited.

The CoC approved the withdrawal with 97.53% voting.

A settlement was arrived at between the parties for an amount of Rs.60.70 Crores.

The CIRP initiated against M/s.RCM Infrastructure Limited vide order dated 03.01.2019 is allowed to be withdrawn.

IA (IBC) 312/2025 and IA (IBC) 444/2025 are disposed of as infructuous.

## Issues and analysis

### Issue 1: Whether the application for withdrawal of CIRP under Section 12A of the IBC should be allowed given …

**Ratio:** Section 12A of the Insolvency and Bankruptcy Code, 2016 read with Regulation 30A of the

…

**Reasoning:** The CoC approved the withdrawal with a voting share of 97.53%, and a settlement was

…

**Interpretation:** Section 12A allows for withdrawal of CIRP with the approval of the Committee of

…

**Application:** The application is allowed as the statutory requirements, including CoC

…

## Parties

- **Judges:** Rajeev Bh…; Sanjay…
- **Appellants:** M/s. RCM Infrastru…
- **Respondents:** RCM Infrastructure…
- **Other parties:** Rajesh Ch…
- **Advocates:** Mr.V.V.S.…; Siva Pran…

## Timeline

- **2025-11-17 — Hearing…**: Attendance cum order sheet of the…
- **2019-01-03 — CIRP Initiati…**: CIRP initiated against M/s.RCM…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 12A — (1) Subject to sub](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-12a)

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