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Memo in Navyuga

The Resolution Professional filed Interim Application No. 1384 of 2022 seeking to take on record the updated Summary of Claims and Reconstituted Committee of Creditors under Regulation 17 of CIRP Regulations, 2016 for the Corporate Debtor Navayuga Infotech Private Limited. The Resolution Professional relies on documents including a list of zero-coupon debenture holders, a bank statement, and an independent auditor's report to support the interim application.
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0% found this document useful (0 votes)
114 views5 pages

Memo in Navyuga

The Resolution Professional filed Interim Application No. 1384 of 2022 seeking to take on record the updated Summary of Claims and Reconstituted Committee of Creditors under Regulation 17 of CIRP Regulations, 2016 for the Corporate Debtor Navayuga Infotech Private Limited. The Resolution Professional relies on documents including a list of zero-coupon debenture holders, a bank statement, and an independent auditor's report to support the interim application.
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd

BEFORE THE HON’BLE NATIONAL COMPANY LAW TRIBUNAL

HYDERABAD BENCH – I, HYDERABAD


IA No. 1384 OF 2022
IN
CP(IB) NO. 35/9/HDB/2021
IN THE MATTER OF M/S. NAVAYUGA INFOTECH PRIVATE LIMITED
BETWEEN:
KOTOJU VASUDEVA RAO
Resolution Professional for Navayuga
InfotechPrivate Limited under CIRP
Reg No: IBBI/IPA-002/IP-N00889/2019-
2020/12924
Flat No: 104, Kavuri Supreme Enclave, Kavuri
Hills, Madhapur, Hyderabad - 500033.
…Applicant/Resolution Professional

AND
VAJRA IOT PVT. LTD (FORMERLY
KNOWN AS GREEN ARK ENERSOL PVT.
LTD.)
Reg. Office at 2-56/2/19, 4th Floor, Vijaya
Towers, 100 Feet Road, Madhapur, Hitec City,
Hyderabad, Telangana, 500081.
…Operational Creditor/Respondent No.1

MEMORANDUM ON BEHALF OF RESOLUTION PROFESSIONAL

Filed on: . . 2023


Filed by:
Counsels for the Applicant
JURIS PRIME LAW SERVICES
V V S N RAJU
A V P REDDY
PRAVEEN JAIN
ABHAY TRIPATHI
AISHWARYA N.
ADVOCATES
Office at Plot No. 33, J K Home, Rao and Raju Colony, Near Lucid Diagnostics, Road
No. 2, Banjara Hills, Hyderabad – 500034
Ph: 040-23551101, 9866446467; Email: raju@[Link]

BEFORE THE HON’BLE NATIONAL COMPANY LAW TRIBUNAL


HYDERABAD BENCH – I, HYDERABAD
IA No. 1384 OF 2022
IN
CP(IB) NO. 35/9/HDB/2021
IN THE MATTER OF M/S. NAVAYUGA INFOTECH PRIVATE LIMITED

BETWEEN:

KOTOJU VASUDEVA RAO


Resolution Professional for Navayuga
InfotechPrivate Limited under CIRP
Reg No: IBBI/IPA-002/IP-N00889/2019-
2020/12924
Flat No: 104, Kavuri Supreme Enclave, Kavuri
Hills, Madhapur, Hyderabad - 500033.
…Applicant/Resolution Professional

AND
VAJRA IOT PVT. LTD (FORMERLY
KNOWN AS GREEN ARK ENERSOL PVT.
LTD.)
Reg. Office at 2-56/2/19, 4th Floor, Vijaya
Towers, 100 Feet Road, Madhapur, Hitec City,
Hyderabad, Telangana, 500081.
…Operational Creditor/Respondent No.1

MEMORANDUM ON BEHALF OF RESOLUTION PROFESSIONAL


INDEX OF DOCUMENTS

S. Date Particulars Annexure Page


No. No.
1. Memorandum on behalf of Resolution
Professional
2. List of Zero-Coupon Debenture Annexure 1
Holders
3. Statement of Ledger Account Annexure 2

4. Independent Auditors Report Annexure 3

PLACE: Hyderabad
DATE: .01.2023
COUNSEL FOR THE APPLICANT

BEFORE THE HON’BLE NATIONAL COMPANY LAW TRIBUNAL


HYDERABAD BENCH – I, HYDERABAD
IA No. 1384 OF 2022
IN
CP(IB) NO. 35/9/HDB/2021
IN THE MATTER OF M/S. NAVAYUGA INFOTECH PRIVATE LIMITED

BETWEEN:

KOTOJU VASUDEVA RAO


Resolution Professional for Navayuga
InfotechPrivate Limited under CIRP
Reg No: IBBI/IPA-002/IP-N00889/2019-
2020/12924
Flat No: 104, Kavuri Supreme Enclave, Kavuri
Hills, Madhapur, Hyderabad - 500033.
…Applicant/Resolution Professional

AND
VAJRA IOT PVT. LTD (FORMERLY
KNOWN AS GREEN ARK ENERSOL PVT.
LTD.)
Reg. Office at 2-56/2/19, 4th Floor, Vijaya
Towers, 100 Feet Road, Madhapur, Hitec City,
Hyderabad, Telangana, 500081.
…Operational Creditor/Respondent No.1

MEMORANDUM ON BEHALF OF RESOLUTION PROFESSIONAL

It is most humbly submitted-

It is most humbly submitted that the Applicant i.e., Resolution Professional herein had

filed Interim Application No. 1384 of 2022 in C.P. (IB) No. 35/9/HDB/2021 in the

matter of M/s Navayuga Infotech Private Limited. The said I.A. was filed seeking to

take on record the updated Summary of Claims and Reconstituted Committee of

Creditors under Regulation 17 of CIRP Regulations, 2016 for the Corporate Debtor M/s

Navayuga Infotech Private Limited.

It is submitted that the Resolution Professional herein seeks to place reliance on

following documents for ready reference in the instant Interim Application:-

a) List of Zero-Coupon Debenture Holders (Annexure 1)

b) Bank Statement (Annexure 2)

c) Independent Auditors Report (Annexure 3)

Hence this memo.


PLACE: Hyderabad
DATE: .01.2023
COUNSEL FOR THE APPLICANT

BEFORE THE HON’BLE NATIONAL


COMPANY LAW TRIBUNAL
HYDERABAD BENCH – I, HYDERABAD
IA No. 1384 OF 2022
IN
CP(IB) NO. 35/9/HDB/2021
IN THE MATTER OF M/S. NAVAYUGA
INFOTECH PRIVATE LIMITED
BETWEEN:
KOTOJU VASUDEVA RAO
…Applicant/Resolution Professional

AND
VAJRA IOT PVT. LTD (FORMERLY KNOWN
AS GREEN ARK ENERSOL PVT. LTD.)
…Operational Creditor/Respondent No.1

MEMORANDUM ON BEHALF OF
RESOLUTION PROFESSIONAL

Filed on: . . 2023


Filed by:
Counsels for the Applicant
JURIS PRIME LAW SERVICES
V V S N RAJU
A V P REDDY
PRAVEEN JAIN
ABHAY TRIPATHI
AISHWARYA N.
ADVOCATES
Office at Plot No. 33, J K Home, Rao and Raju
Colony, Near Lucid Diagnostics, Road No. 2,
Banjara Hills, Hyderabad – 500034
Ph: 040-23551101, 9866446467; Email:
raju@[Link]

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