In the matter of Ehl Healthcare Private Limited Ia No. 143-2022 in Cp (Ib) No. 284-Chd-Hry-2019
Case brief
What is this about?
The NCLT Chandigarh Bench cancelled CIRP proceedings due to the corporate debtor having no assets and no creditor claims. The court directed the operational creditor to pay IRP expenses within three weeks and restrained the creditor from initiating further IBC proceedings for six months.
What did the court decide?
CIRP proceedings cancelled; operational creditor directed to pay IRP expenses within three weeks and restrained from initiating proceedings for six months.
1
THE NATIONAL COMPANY LAW TRIBUNAL “CHANDIGARH BENCH, CHANDIGARH” (Exercising powers of Adjudicating Authority under the Insolvency and Bankruptcy Code, 2016) (through web-based video conferencing platform)
IA No. 143/2022 IN
CP (IB) No. 284/Chd/Hry/2019
Under Section 9 of Insolvency and Bankruptcy Code, 2016.
In the matter of:
Joginder Singh
having Proprietorship concern of M/s JK Viklang Kendra and Surgical House with its registered office at 27, Super Bazar, Opposite Civil Hospital, Gurgaon Haryana-122002
…Petitioner-Operational Creditor
Vs.
EHL Healthcare Private Limited
with its registered office at K-913, Jalvayu Tower Sector-56 Gurgaon, Haryana-122002
Issues for consideration
3 issues framed by the court
Whether CIRP proceedings should be cancelled due to lack of assets and failure of operational creditor to pay IRP expenses?
Whether the operational creditor should be restrained from initiating further proceedings under IBC?
Whether the operational creditor must pay pending expenses to the IRP?
Parties & counsel
- petitioner
Joginder Singh
- respondent
EHL Healthcare Private Limited
- intervenor
Sanyam Goel
Coram
Case details
As recorded by the court registry
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