# In the matter of Datatorrent Software India Private Limited

> NCLT judgment dated 2025-05-08. Citation: TCN-2025-NCLT-00975. The case pertains to an application filed under Section 59(7) of the Insolvency and Bankruptcy…

- **Court:** NCLT
- **Order date:** 8 May 2025
- **Citation:** TCN-2025-NCLT-00975
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-mumbai/datatorrent-software-india-private-limited-07b30794

## Summary

### Background

The case pertains to an application filed under Section 59(7) of the Insolvency and Bankruptcy Code, 2016, read with Regulation 38 of the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017, for the voluntary liquidation of Datatorrent Software India Private Limited.

## Facts

The application was filed for voluntary liquidation under Section 59(7) of the IBC, 2016.

Datatorrent Software India Private Limited was incorporated on 23/08/2013.

The Board of Directors decided to voluntarily liquidate the company on 28.02.2020.

The members of the company accorded their consent for voluntary liquidation on 03.02.2020.

Mr. Dinesh Gopal Mundada was appointed as the Liquidator.

The Liquidator made a public announcement of the commencement of voluntary liquidation on 08.02.2020.

The Liquidator changed the name of the bank account to 'DATATORRENT SOFTWARE INDIA PRIVATE LIMITED IN VOLUNTARY LIQUIDATION'.

The Liquidator submitted a copy of the Final Report along with the Auditor's Certificates.

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## Issues and analysis

### Issue 1: Whether the application for voluntary liquidation under Section 59(7) of the Insolvency and …

**Ratio:** Section 59(7) of the

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**Reasoning:** The NCLT considered the submissions of the Learned Counsel for the Liquidator and the

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**Interpretation:** The NCLT interpreted Section 59(7) to allow for voluntary liquidation when the

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**Application:** The NCLT applied Section 59(7) and allowed the application for voluntary

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## Parties

- **Judges:** ANIL RAJ C…; K. R. SAJI…
- **Appellants:** Dinesh Gopal…
- **Respondents:** Datatorrent…
- **Other parties:** George M. K…; Milind…
- **Advocates:** Geeta Lun…; Amey Ha…

## Timeline

- **2020-02-28 — Board Me…**: The Board of Directors decided to…
- **2020-02-03 — Extra-Ordinary General…**: The Members of the Company accorded…

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