# M/s Sumedha Management Solutions Private Limited vs. M/s Bymedo Healthcare LLP

> NCLT judgment dated 2026-08-18. Citation: TCN-2026-NCLT-00847. IA(IBC)(Liq.) No. 55/MB/2026 was filed on 01.08.2026 by M/s. Sumedha Management Solutions…

- **Court:** NCLT
- **Order date:** 18 Aug 2026
- **Citation:** TCN-2026-NCLT-00847
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-mumbai/ms-sumedha-management-solutions-private-limited-vs-ms-bymedo-healthcare-llp-46ffn

## Summary

### Background

IA(IBC)(Liq.) No. 55/MB/2026 was filed on 01.08.2026 by M/s. Sumedha Management Solutions Private Limited, the Resolution Professional (RP) of M/s. Bymedo Healthcare LLP (Corporate Debtor), seeking an order for the initiation of the liquidation process of the Corporate Debtor and the appointment of Mr. Sandip Singh as Liquidator. The Corporate Debtor was admitted into the Corporate Insolvency Resolution Process (CIRP) on 01.07.2025 based on a petition filed by M/s. Boston Ivy Healthcare Solutions Private Limited, the Operational Creditor. After various attempts to find a viable resolution plan, including issuing Form G twice and extending timelines, the Committee of Creditors (CoC), in its 13th meeting on 24.07.2026, resolved to liquidate the Corporate Debtor with an

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## Facts

IA(IBC)(Liq.) No. 55/MB/2026 was filed on 01.08.2026 by M/s. Sumedha Management Solutions Private Limited, the Resolution Professional (RP) of M/s. Bymedo Healthcare LLP.

The application seeks an order for the initiation of the liquidation process of the Corporate Debtor and the appointment of Mr. Sandip Singh as Liquidator.

M/s. Bymedo Healthcare LLP (Corporate Debtor) was admitted into Corporate Insolvency Resolution Process (CIRP) vide order dated 01.07.2025 by the Tribunal in CP(IB) No. 139/MB/2025.

The CIRP was initiated under Section 9 of the Code by M/s. Boston Ivy Healthcare Solutions Private Limited, the Operational Creditor.

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## Issues and analysis

### Issue 1: Whether the Corporate Debtor, M/s Bymedo Healthcare LLP, should be ordered to be liquidated in …

**Ratio:** Section 33(2) of the Insolvency and Bankruptcy Code, 2016, mandates the Adjudicating

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**Reasoning:** The Committee of Creditors (CoC), in its 13th meeting held on 24.07.2026, approved the

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**Interpretation:** Section 33(2) provides a clear legal framework for initiating liquidation when

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**Application:** Given that the CoC of M/s Bymedo Healthcare LLP approved liquidation with

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## Parties

- **Judges:** ASHISH KALIA,…; ANIL RAJ CHELLAN,…
- **Appellants:** M/s Sumedha…; M/s BOSTON IVY…
- **Respondents:** M/s Bymedo…
- **Other parties:** CoC…; Sandip…
- **Advocates:** Adv Parikshit…; Aditya Shivswaroop…

## Timeline

- **2025-07-01 — CIRP Admi…**: M/s. Bymedo Healthcare LLP (Corporate Debtor) was admitted into Corporate Insolvency…
- **2025-07 — Public Annou…**: The erstwhile IRP made a…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 33 — Initiation of liquidation](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-33)

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