# In the matter of Hiranmaye Energy Limited vs. Technico (india) Private Limited

> HC judgment dated 2025-04-15. Citation: TCN-2025-HC-00019. The case involves O.M.P. (COMM) 259/2023 before the High Court of Delhi at New Delhi. Hiranmaye…

- **Court:** HC
- **Order date:** 15 Apr 2025
- **Citation:** TCN-2025-HC-00019
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/high-courts-new-delhi/hiranmaye-energy-limited-vs-technico-fa81caef

## Summary

### Background

The case involves O.M.P. (COMM) 259/2023 before the High Court of Delhi at New Delhi. Hiranmaye Energy Limited is the petitioner, and Technico (India) Private Limited is the respondent. The court noted that the petitioner was undergoing insolvency proceedings and an IRP had been appointed.

## Facts

Hiranmaye Energy Limited filed a petition against Technico (India) Private Limited. The court noted on 2024-12-10 that Hiranmaye Energy Limited was undergoing insolvency proceedings since 2024-01-18, and an Interim Resolution Professional (IRP) had been appointed. Time was sought to file vakalatnama on behalf of the IRP. Neither party could provide the status of the insolvency proceedings, leading to an adjournment. Vakalatnama had not been filed on behalf of the IRP. The court deferred adverse orders and directed the vakalatnama to be filed within two weeks. The matter was listed for 2025-07-25.

## Issues and analysis

### Issue 1: Whether the vakalatnama should …

**Ratio:** The filing of vakalatnama is a procedural requirement to ensure proper representation

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**Reasoning:** The court directed that vakalatnama, if any, be filed on behalf of the IRP within two

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**Interpretation:** Vakalatnama is a document authorizing an advocate to act and plead on behalf of

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**Application:** The court's direction to file the vakalatnama applies directly to the IRP,

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## Parties

- **Judges:** JYOTI S…
- **Appellants:** HIRANMAYE ENERGY…
- **Respondents:** TECHNICO (INDIA)…

## Timeline

- **2024-12-10 — Court notes su…**: The Court noted the submissions…
- **2024-01-18 — Petitioner undergoing…**: Petitioner was undergoing insolvency…

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