Reward Business Solutions Pvt. Ltd vs Gaurav Ashok Adukia Resolution ...

IN THE MATTER OF: Reward Business Solutions Pvt. Ltd. ...Appellants Versus Gaurav Ashok Adukia, ...Respondents RP of Ezeego One Tours and Travels Ltd.

Present: For Appellant : Mr. Ryan D'souza, Mr. Vikrant Singh Negi, Ms. Ekta Tyagi, Ms. Priyam Vada Singhania, Mr. Varun Kalra and Ms. Sneha Baranje, Advocates.

For Respondents : Mr. Aditya S. Mishra, Advocate for Liquidator.

ORDER

(Hybrid Mode)

08.01.2026: Heard counsel for the Appellant as well as Ld. Counsel for

the Liquidator.

2. This appeal has been filed against the order dated 27.11.2025 passed

in IA No. 2943 of 2023 by which order while granting time to the appellant

who was respondent no.31 in the IA cost of Rs.1,00,000/- was imposed.

Submission of the appellant is that the application which was filed by the RP

being 2943 of 2023 an order was passed by the Adjudicating Authority on

05.06.2025 where RP sought time to amend/update the application with

regard to array of the respondents. It is submitted that RP having not

finalised the array of respondents. Present was not a case for imposition of a

cost.

3. Ld. Counsel for the liquidator submits that time was allowed to the

respondent to file a reply and then reply having not been filed the cost was imposed. It is however submitted that the liquidator never prayed for

imposition of cost.

4. We have considered submission of the parties and perused the records.

5. The order impugned dated 27.11.2025 reads as follows:-

ORDER IA 2943/2023 Ld. Counsel for all Respondents is directed to file reply within one week, with an advance copy to the other side. This is granted as a last and final opportunity, failing which, heavy costs shall be imposed upon each Respondent. No further time will be granted at any pretext.

Ld. Counsel appearing for the Respondent No.31 seeks some more time to file reply. Time is granted. Let the reply be filed subject to payment of cost of Rs.1,00,000/-, to be deposited with "PAY AND ACCOUNT OFFICER, MINISTRY OF CORPORATE AFFAIRS, NEW DELHI". The same shall be filed with an advance copy to the other side. Rejoinder, if any, be filed.

List this matter on 15.01.2026.

6. The earlier order on which reliance has been placed by the appellant

dated 05.06.2025 is as follows:-

"ORDER IA 2943/2023 Ld. Counsel for the Applicant/Liquidator submits that he would like to amend/update the Application with regard to the array of Respondents, as they are likely to be dropped from the proceedings because no cause of action exists. In view of this, he needs short accommodation, which is granted. Thereafter,

2 of 3 Company Appeal (AT) (Ins) No. 21 of 2026 this bench will insist upon the Respondents to file the requisite replies. List this matter on 14.08.2025.

IA 2961/2021 IA 1008/2024 IA 4500/2024 Re-list this matter on 14.08.2025."

7. A perusal of the impugned order indicate that court has allowed one

week time to all the respondents to file a reply without imposing any cost

whereas with respect to present appellant cost of Rs.1,00,000/- has been

imposed. We do not find any reason given in the order to impose of cost on

appellant alone while granting time to file reply. Furthermore, the earlier

order 05.06.2025 is also a reason to desist from imposing any cost for while

granting the time for reply. We thus are satisfied that the imposition of cost

of Rs.1,00,000/- on the appellant was uncalled for. The imposition of cost is

deleted; Appeal is disposed of.

8. Counsel for the appellant submits that next date fixed is 15.01.2026

and he shall file the reply before the next date.

[Justice Ashok Bhushan] Chairperson

[Barun Mitra] Member (Technical) harleen/MD

3 of 3 Company Appeal (AT) (Ins) No. 21 of 2026