Baron Infotech Limited Enters Lease Agreement for Corporate Office Under CIRP

1 min read Updated on 08 Mar 2026, 09:05 AM

Reviewed by

Naman SScanX News Team

Overview

Baron Infotech Limited, under Corporate Insolvency Resolution Process, has entered into a lease agreement with M/s Unilegal for corporate office premises at Flat No 401, Esteem Diamond Building, Hyderabad. The intimation was made to BSE Limited by Resolution Professional CS Dr Ahalada Rao Vummenthala for compliance and record purposes during the ongoing insolvency proceedings.

*this image is generated using AI for illustrative purposes only.

Baron Infotech Limited, currently under Corporate Insolvency Resolution Process (CIRP), has entered into a lease agreement for its corporate office premises in Hyderabad. The company has formally notified BSE Limited about this corporate development through its Resolution Professional.

Lease Agreement Details

The lease arrangement involves specific premises in Hyderabad's commercial district. Key details of the agreement include:

Parameter:	Details
Lessor:	M/s Unilegal
Premises Location:	Flat No 401, Esteem Diamond Building
Address:	Near Sai Baba temple road, Dawarakapuri, Panajgutta
City:	Hyderabad, Telangana
Pin Code:	800082
Designation:	Corporate Office of the Corporate Debtor

The premises are presently being utilized as the corporate office of Baron Infotech Limited, which is operating under the Corporate Debtor status during the insolvency resolution process.

CIRP Proceedings Management

The lease agreement intimation was submitted by CS Dr Ahalada Rao Vummenthala, who serves as the Resolution Professional for Baron Infotech Limited. The Resolution Professional's credentials and authorization details are:

Credential:	Details
Professional Status:	Insolvency Professional
Registration:	IBBI/IPA-002/IP-N00074/2017-2018/10172
AFA Valid Period:	27/11/2025 to 31/12/2026
Office Location:	RTC Cross Roads Musheerabad, Hyderabad

Corporate Information

Baron Infotech Limited operates under CIN L72200TG1996PLC025855 and maintains its registered office at Flat No 504, 5th Floor, Micasa Flora, Survey No. 131 to 141, Durga Enclave, Kompally Secunderabad, Rangareddi, Telangana. The company's communication channels include phone number (+91) (40) 6360062 and email info@baroninfotech.com .

The formal intimation to BSE Limited was made for information and record purposes, ensuring compliance with disclosure requirements during the ongoing insolvency resolution proceedings. The Resolution Professional's office is located at Flat No. 113, Block - B, Sri Datta Sai Commercial Complex, RTC 'X' Roads, Hyderabad, with contact details including phone number 040-27623101 and email ip.baroninfotech@gmail.com .

Baron Infotech Limited Conducts 19th Committee of Creditors Meeting Under Corporate Insolvency Resolution Process

2 min read Updated on 27 Feb 2026, 04:02 PM

Reviewed by

Naman SScanX News Team

Add as a preferred
source on Google

Overview

Baron Infotech Limited held its 19th Committee of Creditors meeting on February 27, 2026, under its ongoing Corporate Insolvency Resolution Process. The virtual meeting addressed key agenda items including approval of RTA fees, bid evaluation clarifications for resolution applicants, and process advisory notes for bid submission and challenge mechanisms. Several items were deferred, including Company Secretary remuneration and ROC compliance budget under the Companies Compliance Facilitation Scheme, 2026, while interim finance proposals will be reviewed based on financial creditor assessments.

*this image is generated using AI for illustrative purposes only.

Baron Infotech Limited, operating under the Corporate Insolvency Resolution Process (CIRP), successfully conducted its 19th Committee of Creditors (CoC) meeting on February 27, 2026. The virtual meeting commenced at 11:30 AM IST and concluded at approximately 12:37 PM IST, with Resolution Professional CS Dr. Ahalada Rao Vummenthala presiding over the proceedings.

Meeting Agenda and Key Decisions

The committee addressed multiple critical agenda items during the session, with decisions spanning operational, financial, and procedural matters:

Item No.	Agenda Item	Decision Taken
4	Minutes of 18th CoC Meeting and Action Taken Report	Taken on record
6	Payment of fees to Venture Capital and Corporate Investments Private Limited (RTA), NSDL & CDSL Fees	Approved for RTA fees
7	Clarifications to queries raised by Eligible Resolution Applicant(s) on Bid Evaluation	Draft clarifications placed before approved
8	Process Advisory Note/Guidance Note on submission of bids pursuant to Evaluation Matrix	Draft Process Advisory Note/Guidance note approved
9	Process Advisory Note/Guidance Note on Challenge Mechanism methodology	Draft Process Advisory Note/Guidance note on challenge mechanism approved
10	Approval for payment of fees for Certification, Secretarial and Support services	Approved as part of CIRP Costs

Deferred and Conditional Decisions

Several agenda items received conditional or deferred treatment based on specific circumstances:

Item No.	Agenda Item	Status
11	Proposal to raise interim finance required for the Corporate Debtor	Will be reviewed after assessing internal financial position of Financial Creditor
12	Fixation of remuneration for appointment of Company Secretary (Compliance Officer)	Deferred
13	Budget for filing pending ROC compliances under Companies Compliance Facilitation Scheme, 2026 (CCFS-2026)	Will be reviewed after commencement of the scheme

Resolution Process Updates

The meeting focused significantly on streamlining the bid evaluation process for potential resolution applicants. The committee approved draft clarifications for eligible resolution applicants regarding bid evaluation procedures, along with comprehensive process advisory notes covering bid submission protocols and challenge mechanism methodologies.

Regulatory Compliance

The intimation was filed with BSE Limited under Regulation 30 read with Clause 16(g) of Part A of Schedule III of the SEBI (LODR) Regulations, 2015. The meeting was conducted in full compliance with the Insolvency and Bankruptcy Code, 2016, and applicable regulations framed thereunder.

Company Background

Baron Infotech Limited (CIN: L72200TG1996PLC025855) is headquartered in Secunderabad, Telangana, and is currently operating under CIRP with CS Dr. Ahalada Rao Vummenthala serving as the Resolution Professional. The company's resolution process continues to progress with systematic evaluation of potential resolution plans and maintenance of regulatory compliance throughout the proceedings.