# In the matter of G.Rathinavelu Vs.
Indian Overseas Bank C.R.P.(PD).No.1480 of 2022
and C.M.P.No.7596 of 2022

> HC judgment dated 2022-04-22. Citation: TCN-2022-HC-00052. The Civil Revision Petition was filed by the petitioner-Corporate Debtor under Article 227 of the…

- **Court:** HC
- **Order date:** 22 Apr 2022
- **Citation:** TCN-2022-HC-00052
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/high-courts-new-delhi/grathinavelu-vs-indian-overseas-bank-crppdno1480-of-2022-and-cmpno7596-of-2022-b6784e79

## Summary

### Background

The Civil Revision Petition was filed by the petitioner-Corporate Debtor under Article 227 of the Constitution of India, challenging the order passed in IBA/49/2019 by the National Company Law Tribunal, Division Bench-II, Chennai. The court raised a query regarding the maintainability of the Civil Revision Petition, given the availability of remedy before the National Company Law Appellate Tribunal under Section 61 of the Insolvency and Bankruptcy Code, 2016.

## Facts

G.Rathinavelu, the petitioner-Corporate Debtor, filed a Civil Revision Petition challenging the order passed in IBA/49/2019 by the National Company Law Tribunal (NCLT), Division Bench-II, Chennai. The Indian Overseas Bank is the respondent in this case. The petitioner filed the petition under Article 227 of the Constitution of India. The court raised a query regarding the maintainability of the petition, noting that Section 61 of the Insolvency and Bankruptcy Code (IBC) provides a remedy before the National Company Law Appellate Tribunal (NCLAT). The petitioner argued that the High Court's jurisdiction under Articles 226/227 cannot be wholly excluded and that the decisions of the Tribunal will be subject to the jurisdiction of the High Courts under Articles 226/227.

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## Issues and analysis

### Issue 1: Whether the Civil Revision Petition filed under Article 227 of the Constitution of India …

**Ratio:** When an appeal remedy is provided under the Insolvency and Bankruptcy Code, the aggrieved

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**Reasoning:** The court reasoned that the availability of an alternative remedy under Section 61 of the

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**Interpretation:** The court interpreted Article 227 of the Constitution in the context of the

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**Application:** The court applied the ratio to the facts of the case, noting that the

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## Parties

- **Judges:** M.DURAI…; T.V.THAMI…
- **Appellants:** G.Rathin…
- **Respondents:** Indian Overseas…

## Timeline

- **2022-04-22 — Order Da…**: The date of the order passed by the High Court…
- **2022-04-13 — NCLT Ord…**: Order passed by the National Company Law Tribunal, Chennai Bench II, in IBA/49/2019,…

## 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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