In the matter of ASTM SKILLS PRIVATE LIMITED

CORAM: MS. LAKSHMI GURUNG, MEMBER (J) SH. HARIHARAN NEELAKANTA IYER, MEMBER (T) ORDER SHEET OF THE HEARING ON 12.12.2025 (HEARING THROUGH: HYBRID MODE) NAME OF THE PARTIES: National Skill Development Corporation Vs. ASTM Skills Private Limited Appearance For Applicant: Adv Mily Ghoshal (VC) For Respondent : SECTION 7 OF THE IBC, 2016 ORDER IA (I.B.C) 5723 (MB)/2025 [Regulation 31A] 1. This application has been filed by the present liquidator seeking following prayers:- (a.) To pass an order for the replacement of Mr. Prashant Jain having IP Regn. No. IBBI/IPA-001/IP-PO1368/2018- 2019/12131, being the current Liquidator of ASTM Skills Private Limited, with Solvenza Advisory LLP (Formerly known as SSARVI Resolution Services LLP) (through its Authorized Signatory Shri. Prashant Jain) having IP Regn. No.- IBBI/IPE-0144/IPA-1/2022- 23/50008), as the new Liquidator of ASTM Skills Private Limited; (b.) To pass such other or further order /s, as this Hon'ble Adjudicating Authority may deem fit and proper in the facts and circumstances of the case.

2. It is submitted that as per the amended IBBI Insolvency Professional Regulations, 2016, the upper limit for assignments for the Insolvency Professional at any given time is 10 (ten) numbers.

3. As the present liquidator has crossed the limit, an agenda was placed before the SCC members, and after discussion the SCC has approved the resolution for appointment of Solvenza Advisory LLP as the liquidator in place of Mr. Prashant Jain, at a meeting held on 03.12.2025.

4. The minutes of the 8th SCC meeting held on 03.12.2025, are annexed to the application as Annexure-G.

5. The applicant has proposed the name of Solvenza Advisory LLP through its Authorized Signatory Mr. Prashant Jain. Accordingly, we hereby appoint Solvenza Advisory LLP Reg.No: IBBI/IPE-0144/IPA-l/2022- 23 /50008, having AFA valid till 31.12.2025, as the liquidator of ASTM Skills Private Limited.

6. The Written Consent dated 06.12.2025 of the proposed liquidator in Form AA as required under Regulation 31A of the Insolvency and Bankruptcy Board of India Liquidation Process Regulations, 2016 is annexed to the application as Annexure-H.

7. As prayer “a” is granted, I.A 5723/2025, stands disposed of.

Sd/- Sd/- HARIHARAN NEELAKANTA IYER LAKSHMI GURUNG Member (Technical) Member (Judicial) ---Shripad---