In the matter of Reliance Communication Ltd. C.P.(IB)-3222-2019
Case brief
What is this about?
Application filed under Section 9 IBC dismissed as infructuous since Corporate Debtor already undergoing CIRP with Resolution Professional appointed, granted liberty to file claim.
What did the court decide?
Petition dismissed as infructuous; liberty granted to file claim before Resolution Professional.
What the court decided
IN THE NATIONAL COMPANY LAW TRIBUNAL MUMBAI BENCH
COURT - IV
- C.P.(IB)-3222/2019
CORAM : SHRI RAJASEKHAR V.K. MEMBER (J)
SHRI RAVIKUMAR DURAISAMY MEMBER (T)
ORDER SHEET OF THE HEARING HELD ON 22.10.2019
Name of the Parties: K.M. Connectivity V/s. Reliance Communication Ltd
SECTION 9 OF THE INSOLVENCY & BANKRUPTCY CODE, 2016
ORDER
- Ld. Counsel for the Operational Creditor present. It is seen from order dated 18.05.2018 in CP(IB)-1387/2017 that the Corporate Debtor is already undergoing CIRP and that Resolution Professional has also been appointed, therefore, this petition is dismissed as infructuous with liberty granted to the Operational Creditor to file his claim before the RP appointed in the matter. Petition and connected documents to be consigned to records.
Sd/Sd/- RAVIKUMAR DURAISAMY RAJASEKHAR V.K. Member (Technical) Member (Judicial)
Issues for consideration
1 issue framed by the court
Whether Section 9 petition is maintainable when Corporate Debtor is already under CIRP with Resolution Professional appointed.
Parties & counsel
- petitioner
K.M. Connectivity
- respondent
Reliance Communication Ltd
Coram
RAJASEKHAR V.K.
Case details
As recorded by the court registry
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