Baron Infotech Limited Schedules Seventeenth Committee of Creditors Meeting for February 2, 2026

1 min read     Updated on 29 Jan 2026, 12:33 PM
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Overview

Baron Infotech Limited has scheduled its seventeenth Committee of Creditors meeting for February 2, 2026 at 4:00 PM, with agenda items including updated Information Memorandum, Bid Evaluation Matrix and Request for Resolution Plan. The company, currently under CIRP with CS Dr Ahalada Rao Vummenthala as Resolution Professional, made the announcement in compliance with SEBI LODR Regulation 30 requirements.

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

Baron Infotech Limited, currently undergoing Corporate Insolvency Resolution Process (CIRP), has informed BSE Limited about its upcoming seventeenth Committee of Creditors (CoC) meeting. The company, which trades under BSE scrip code 532336, made the announcement on January 29, 2026, in compliance with regulatory requirements.

Meeting Details and Agenda

The Committee of Creditors meeting has been scheduled with specific parameters and agenda items that reflect the ongoing resolution process.

Parameter: Details
Meeting Date: Monday, February 2, 2026
Meeting Time: 4:00 PM
Meeting Type: Seventeenth CoC Meeting
Key Agenda Items: Updated Information Memorandum, Bid Evaluation Matrix, Request for Resolution Plan

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 (LODR). The disclosure specifically aligns with the requirements of sub-clause 16(g) of Clause A of Part A of Schedule III of LODR, which mandates timely communication of material events to stock exchanges.

Resolution Professional Details

CS Dr Ahalada Rao Vummenthala is serving as the Resolution Professional for Baron Infotech Limited during the CIRP process. As an Insolvency Professional registered with IBBI (registration number IBBI/IPA-002/IP-N00074/2017-2018/10172), Dr Vummenthala's AFA validity extends from November 27, 2025 to December 31, 2026.

Company Information

Baron Infotech Limited, incorporated with CIN L72200TG1996PLC025855, is headquartered in Kompally, Secunderabad, Telangana. The company operates from Flat No 504, 5th Floor, Micasa Flora, Survey No. 131 to 141, Durga Enclave, and maintains its corporate communication through established channels including phone number (+91) (40) 6360062 and email info@baroninfotech.com .

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NCLT Hyderabad Extends Baron Infotech Limited CIRP by 120 Days, Excludes Period from Timeline

2 min read     Updated on 09 Jan 2026, 06:21 PM
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Reviewed by
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Overview

NCLT Hyderabad has modified its order to extend Baron Infotech Limited's CIRP by 120 days and exclude the period from January 26, 2025, to January 6, 2026, from the timeline. The tribunal rectified an inadvertent omission from its previous January 6, 2026 order in the insolvency case filed by Aventine Software Private Limited. The Resolution Professional's application seeking both period exclusion and CIRP extension has been disposed of with the modified comprehensive order dated January 9, 2026.

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

The National Company Law Tribunal (NCLT) Hyderabad Bench has issued a modified order extending the Corporate Insolvency Resolution Process (CIRP) for Baron Infotech Limited by 120 days while excluding a specific period from the CIRP timeline. The order, dated January 9, 2026, addresses an omission in the tribunal's previous ruling from January 6, 2026.

Case Background and Proceedings

The insolvency proceedings involve Aventine Software Private Limited as the petitioner and Baron Infotech Limited as the respondent, filed under Section 7 of the Insolvency and Bankruptcy Code. The case is registered as CP(IB) No. 164/7/HDB/2023 before the NCLT Hyderabad Bench.

The tribunal's coram consisted of Shri Rajeev Bhardwaj, Honourable Member (Judicial), and Shri Sanjay Puri, Honourable Member (Technical). The hearing was conducted in hybrid mode with both virtual and physical attendance.

Order Modification Details

The Resolution Professional, represented by Mr. Naresh Kumar Sangam and CS Dr. Ahalada Rao Vummenthala, filed a memorandum seeking rectification of the January 6, 2026 order. The tribunal acknowledged that while the previous order extended the CIRP by 120 days, it inadvertently omitted the period exclusion component.

Order Component Details
CIRP Extension 120 days from disposal date
Excluded Period January 26, 2025 to January 6, 2026
Application Status Disposed of
Order Date January 9, 2026

Tribunal's Ruling

The NCLT modified and replaced its earlier order, stating that the period from January 26, 2025, to January 6, 2026, is excluded from the CIRP timeline. Additionally, the tribunal extended the CIRP period by a further 120 days from the date of disposal of the present application.

The tribunal noted that the omission in the previous order was due to inadvertence and proceeded to rectify the matter comprehensively. The modified order addresses both components of the Resolution Professional's application - the period exclusion and the CIRP extension.

Resolution Process Impact

With this order, Baron Infotech Limited's insolvency resolution process receives additional time for completion while accounting for the excluded period. The 120-day extension provides the Resolution Professional with adequate time to pursue resolution strategies and engage with potential investors or buyers.

The case demonstrates the tribunal's procedural flexibility in addressing inadvertent omissions while ensuring that insolvency proceedings continue within the appropriate legal framework. The application filed by the Resolution Professional has been disposed of following the tribunal's comprehensive ruling on both the period exclusion and CIRP extension requests.

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