# In the matter of Ekdant Buildtech Private Limited

> NCLT judgment dated 2025-05-08. Citation: TCN-2025-NCLT-00976. The application IA/497/ND/2025 was filed under Section 27 of the Insolvency and Bankruptcy Code…

- **Court:** NCLT
- **Order date:** 8 May 2025
- **Citation:** TCN-2025-NCLT-00976
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-new-delhi/ekdant-buildtech-private-limited-c51be2ba

## Summary

### Background

The application IA/497/ND/2025 was filed under Section 27 of the Insolvency and Bankruptcy Code 2016, read with Regulation 22A of the Insolvency and Bankruptcy Board of India (insolvency Professionals) Regulations, 2016.

## Facts

The application was filed under Section 27 of the Insolvency and Bankruptcy Code 2016.

The application seeks to replace Mr. Chetan Gupta as the Resolution Professional.

ARCK Resolution Professionals LLP, through Sh. Anil Kohli, is proposed as the new Resolution Professional.

The Adjudicating Authority allowed the application.

IA/1698/ND/2025 is listed on 26.05.2025.

## Issues and analysis

### Issue 1: Whether the present application to replace the …

**Ratio:** Section 27 of the Insolvency and Bankruptcy Code 2016, read with Regulation 22A of the

…

**Reasoning:** The Adjudicating Authority considered the submissions made by the Learned Counsel for the

…

**Interpretation:** The Adjudicating Authority has the power to

…

**Application:** The Adjudicating Authority allowed the application and replaced Mr. Chetan

…

## Parties

- **Judges:** MANNI SANKARIAH…; ATUL CHAT…
- **Appellants:** M/s P.S.T…
- **Respondents:** Ekdant Buildtech…
- **Advocates:** Rajinder…; Aditya Kum…

## Timeline

- **2025-05-08 — Order Del…**: Order delivered on…
- **2025-05-26 — List on…**: IA/1698/ND/2025 List on…

---

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-new-delhi/ekdant-buildtech-private-limited-c51be2ba