# In the matter of Rudrani Health Care Services Limited

> NCLT judgment dated 2025-06-17. Citation: TCN-2025-NCLT-00889. The application was filed under Section 60(5) of the Insolvency and Bankruptcy Code, 2016 read…

- **Court:** NCLT
- **Order date:** 17 Jun 2025
- **Citation:** TCN-2025-NCLT-00889
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-mumbai/rudrani-health-care-services-limited-04a58907

## Summary

### Background

The application was filed under Section 60(5) of the Insolvency and Bankruptcy Code, 2016 read with Rule 11 of the National Company Law Tribunal Rules, 2016 by Shree Saibaba Sugars Limited, the successful bidder in the e-auction conducted by the liquidator of Rudrani Health Care Services Limited (Corporate Debtor). The Applicant, being the purchaser of the Corporate Debtor as a going concern, seeks certain reliefs, concessions, and exceptions for keeping the Corporate Debtor as a going concern.

## Facts

The Corporate Debtor, Rudrani Health Care Services Limited, was incorporated on 14.11.2008 and was involved in the business of healthcare activities.

The Corporate Debtor was admitted into Corporate Insolvency Resolution Process (CIRP) pursuant to an order dated 07.09.2021.

Mr. Sachin Shriniwas Bhattad was appointed as the Interim Resolution Professional and later confirmed as the Resolution Professional by the Committee of Creditors (CoC).

The Respondent filed an application under section 33 of the Code for the initiation of liquidation of the Corporate Debtor.

On 27.01.2023, the Tribunal ordered that the Corporate Debtor be liquidated as a going concern.

The Respondent published an auction notice on 08.09.2023 for the sale of the Corporate Debtor as a going concern.

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## Issues and analysis

### Issue 1: Whether the Applicant is liable for past …

**Ratio:** The process document states that the liabilities of the Corporate Debtor would be settled

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**Reasoning:** The Hon'ble NCLAT in the case of Shantech International Pvt. Ltd. v. Devendra Singh,

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**Interpretation:** The Applicant is not liable for past

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**Application:** The tribunal held that the Applicant is not liable for past liabilities of the

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## Parties

- **Judges:** ANIL RAJ C…; K. R. SAJI…
- **Appellants:** Shree Saibaba…
- **Respondents:** Rudrani Health…; Sachin Shrinivas…
- **Other parties:** Bank of…
- **Advocates:** Amir Ars…; Amey Ha…; +1 more

## Timeline

- **07.09.2021 — CIRP Init…**: Corporate Debtor admitted into Corporate…
- **27.01.2023 — Liquidation…**: Tribunal ordered that the Corporate…

## 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)

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