# Dr. Rajendra M. Ganatra, Liquidator, Orchid Housing Infra LLP vs. Orchid Housing Infra LLP

> NCLT judgment dated 2026-10-13. Citation: TCN-2026-NCLT-01236. Dr. Rajendra M. Ganatra, the Liquidator of Orchid Housing Infra LLP, filed an Interlocutory…

- **Court:** NCLT
- **Order date:** 13 Oct 2026
- **Citation:** TCN-2026-NCLT-01236
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-mumbai/orchid-housinginfra-llp-n0zzk

## Summary

### Background

Dr. Rajendra M. Ganatra, the Liquidator of Orchid Housing Infra LLP, filed an Interlocutory Application (IA(I.B.C)/4463(MB)2026) before the NCLT, Mumbai Bench. The application sought his relief from the liquidation process due to personal exigencies and the appointment of a new liquidator in his place.

## Facts

Dr. Rajendra M. Ganatra is the Liquidator of Orchid Housing Infra LLP, appointed vide Order dated 10th December, 2024.

He filed an Interlocutory Application (IA(I.B.C)/4463(MB)2026) seeking relief from his duties and the appointment of a new liquidator.

The application was filed under Section 60(5) read with Section 35(n) of the IBC, 2016, and Rule 11 of the NCLT Rules, 2016.

Dr. Rajendra M. Ganatra is 71 years old and is constrained by domestic exigencies and personal contingencies affecting his ability to manage the Corporate Debtor's affairs.

He expressed his inability to continue as Liquidator to the SCC during its 22nd meeting on October 1, 2026.

The SCC accepted his request to be relieved from the matter.

…

## Issues and analysis

### Issue 1: Whether the application filed by Dr. Rajendra M. Ganatra, Liquidator of Orchid Housing Infra LLP, …

**Ratio:** The Adjudicating Authority may allow an application for the replacement of a liquidator

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**Reasoning:** Dr. Rajendra M. Ganatra, being 71 years old, presented legitimate personal and domestic

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**Interpretation:** Section 60(5) of the IBC, 2016, grants the NCLT broad jurisdiction over

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**Application:** The Tribunal applied these provisions, acknowledging the genuine difficulties

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## Parties

- **Judges:** SH. PRABHAT…; SH. SUSHIL…
- **Appellants:** Rajendra M.…
- **Respondents:** Orchid Housing…
- **Other parties:** Stakeholders…; Devang S…
- **Advocates:** Niyati Me…

## Timeline

- **2024-12-10 — Original Appointment of…**: Dr. Rajendra M. Ganatra was appointed as the…
- **2026-10-01 — SCC Meeting and…**: During the 22nd SCC meeting, Dr. Rajendra M. Ganatra's request to be relieved as…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 10 — Initiation of corporate insolvency resolution…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-10)

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