# In the matter of Vivek Vijay Gupta Vs. Steel Konnect India Pvt. Ltd. Special Civil Application No. 1554-2018

> HC judgment dated 2018-12-05. Citation: TCN-2018-HC-00002. The petitioner sought to withdraw the petition filed under Articles 226 and 227 of the Constitution…

- **Court:** HC
- **Order date:** 5 Dec 2018
- **Citation:** TCN-2018-HC-00002
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/high-courts-chandigarh-bench/vivek-vijay-gupta-vs-steel-konnect-india-pvt-ltd-special-civil-application-no-15-d2dbd02b

## Summary

### Background

The petitioner sought to withdraw the petition filed under Articles 226 and 227 of the Constitution of India to approach the National Company Law Appellate Tribunal (NCLAT) and pursue the remedy under Section 61 of the Insolvency and Bankruptcy Code, 2016, against an order passed by the National Company Law Tribunal.

## Facts

The petitioner filed a petition under Articles 226 and 227 of the Constitution of India. The petitioner sought permission to withdraw the petition to approach the National Company Law Appellate Tribunal (NCLAT) under Section 61 of the Insolvency and Bankruptcy Code, 2016. The petitioner wanted to challenge an order passed by the National Company Law Tribunal. The court granted permission to withdraw the petition, and it was disposed of as withdrawn. The court clarified that it did not consider the merits of the case due to the availability of an alternative remedy under Section 61 of the Insolvency and Bankruptcy Code, 2016.

## Issues and analysis

### Issue 1: Whether the petitioner should be granted permission to withdraw the petition filed under Articles …

**Ratio:** A party is allowed to withdraw a petition when an alternative efficacious remedy is

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**Reasoning:** The court reasoned that an alternative efficacious remedy was available to the petitioner

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**Interpretation:** The court interpreted the availability of an alternative remedy under Section

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**Application:** The court applied the ratio to the facts of the case by granting permission to

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## Parties

- **Judges:** ANANT S.…; BIREN VAI…
- **Appellants:** VIVEK VIJAY…
- **Respondents:** Steel Konnect…
- **Advocates:** MR PRITHU P…; MR JAYESH A…; +4 more

## Timeline

- **2018-12-05 — Oral Ord…**: Learned advocate for the petitioner seeks permission to withdraw this petition filed…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 61 — Appeals and Appellate Authority](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-61)

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