# In the matter of YAMUNA INFRADEVELOPERS PRIVATE LIMITED

> NCLT judgment dated 2025-11-14. Citation: TCN-2025-NCLT-01859. The case involves an application (IA-5529/ND/2025) seeking the replacement of the current…

- **Court:** NCLT
- **Order date:** 14 Nov 2025
- **Citation:** TCN-2025-NCLT-01859
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-new-delhi/yamuna-infradevelopers-private-limited-61ec1abf

## Summary

### Background

The case involves an application (IA-5529/ND/2025) seeking the replacement of the current liquidator in the liquidation process of the Corporate Debtor, M/s. Yamuna Infra developers Pvt. Ltd.

## Facts

Oriental Bank of Commerce filed an application under Section 7 of IBC, 2016.

The application IA-5529/ND/2025 seeks the replacement of the current liquidator.

The Stakeholders' Consultation Committee (SCC) resolved to replace the current liquidator with 100% vote share.

The resolution to replace the liquidator was based on an order from the Disciplinary Committee of IBBI.

The Tribunal allowed the application and appointed Mr. Amarpal as the new liquidator.

The minutes of the SCC meeting dated 24.06.2025 indicate the resolution to replace the liquidator.

## Issues and analysis

### Issue 1: Whether the Tribunal should allow the replacement of the current liquidator in the liquidation …

**Ratio:** Regulation 31(9) of IBBI (Liquidation Process) Regulation, 2016, allows the members of

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**Reasoning:** The SCC members voted with 100% share to

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**Interpretation:** The Tribunal interpreted Regulation 31(9) to permit the replacement of the

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**Application:** The Tribunal applied Regulation 31(9) and allowed the application for the

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## Parties

- **Judges:** Sh. Ashok Kumar…; Reena Sinh…
- **Appellants:** Oriental Bank of…
- **Respondents:** M/s. Yamuna Infra…
- **Other parties:** Rita G…; Amar…
- **Advocates:** Sanjay…; Apoorva Cho…; +1 more

## Timeline

- **2025-11-14 — Order Del…**: Order delivered on the application…
- **2025-06-24 — SCC Meet…**: Minutes of the meeting of SCC Members dated 24.06.2025 to espouse that the members of the…

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