In the matter of Jk Coil Coatings Pvt. Ltd. [CP(IB)-4023(MB)/2019]
Case brief
What is this about?
The Tribunal dismissed a petition under Section 9 of the IB Code as infructuous since the Corporate Insolvency Resolution Process had already commenced against the Debtor, directing the petitioner to file a claim with the appointed resolution professional.
What did the court decide?
The petition is dismissed as infructuous. The petitioner is directed to file its claim before the IRP/RP appointed in the earlier case.