# In the matter of Amrit Feeds Limited

> NCLT judgment dated 2025-10-10. Citation: TCN-2025-NCLT-01563. An application was filed by Huvepharma Sea (Pune) Private Limited, an Operational Creditor,…

- **Court:** NCLT
- **Order date:** 10 Oct 2025
- **Citation:** TCN-2025-NCLT-01563
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-kolkata/amrit-feeds-limited-f1832452

## Summary

### Background

An application was filed by Huvepharma Sea (Pune) Private Limited, an Operational Creditor, under Section 9 of the Insolvency and Bankruptcy Code, 2016. The NCLT, Kolkata Bench, initiated the Corporate Insolvency Resolution Process (CIRP) of Amrit Feeds Limited on 22.10.2019 and appointed Mr. Pankaj Kumar Tibrewal as the Interim Resolution Professional (IRP). Later, Mr. Sanjai Kumar Gupta was appointed as IRP and confirmed by the Committee of Creditors (CoC).

## Facts

Huvepharma Sea (Pune) Private Limited filed an application under Section 9 of the IBC as an Operational Creditor.

The Corporate Insolvency Resolution Process (CIRP) of Amrit Feeds Limited commenced on 22.10.2019.

Pankaj Kumar Tibrewal was initially appointed as the Interim Resolution Professional (IRP).

Sanjai Kumar Gupta was later appointed as IRP and confirmed by the CoC.

The CoC approved the liquidation of Amrit Feeds Limited with 93.21% of votes.

Sunil Mohan Acharya was appointed as the Liquidator.

The Liquidator filed an application seeking an extension of the liquidation period.

The Liquidator issued 13 sale notices for the sale of 8 properties during June 2021 - May 2022.

…

## Issues and analysis

### Issue 1: Whether the liquidation period of the …

**Ratio:** Regulation 44(2) of the IBBI (Liquidation Process) Regulations, 2016 allows the

…

**Reasoning:** The Liquidator has filed an application seeking an extension of the liquidation period

…

**Interpretation:** The Tribunal interprets Regulation 44(2) to allow for an extension of the

…

**Application:** The Tribunal applied Regulation 44(2) and extended the liquidation period for

…

## Parties

- **Judges:** Labh S…; Rekha Kantilal…
- **Appellants:** Huvepharma Sea…; Sunil Mohan…
- **Respondents:** Amrit Feeds…
- **Other parties:** Pankaj Kumar…; Sanjai Kuma…; +1 more
- **Advocates:** Sreenita T…; Sneha Sin…

## Timeline

- **2019-10-22 — Commencement…**: The Tribunal directed commencement of Corporate Insolvency Resolution Process of Amrit…
- **2019-08-28 — Application A…**: The NCLT, Kolkata Bench,…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 60(5) — Adjudicating Authority for corporate persons](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-60)

---

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-kolkata/amrit-feeds-limited-f1832452