# In the matter of Co. Jegannathan Vs. Spring Field Shelters Pvt. Ltd. CA (AT) (Insolvency) No. 79-2017

> NCLAT judgment dated 2018-03-08. Citation: TCN-2018-NCLAT-00349. The case involves an appeal against the rejection of an application filed under Section 9 of…

- **Court:** NCLAT
- **Order date:** 8 Mar 2018
- **Citation:** TCN-2018-NCLAT-00349
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-new-delhi/co-jegannathan-vs-spring-field-shelters-pvt-ltd-ca-1a7752de

## Summary

### Background

The case involves an appeal against the rejection of an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The appellant's claim was related to the provisions of goods or services including employment. The Adjudicating Authority rejected the application, leading to the present appeal.

## Facts

The appellant, Co. Jegannathan, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016. The application was against M/s. Spring Field Shelters Pvt. Ltd. The appellant's claim related to the provisions of goods or services including employment. The Adjudicating Authority found that the appellant's claim did not fall within the meaning of 'operational debt' as defined under sub-section (21) of Section 5 of the Insolvency and Bankruptcy Code, 2016. Consequently, the application was deemed not maintainable. The appellant then appealed this decision.

## Issues and analysis

### Issue 1: Whether the appellant's claim qualifies as an 'operational debt' as defined under the Insolvency …

**Ratio:** The legal principle applied is the definition of 'operational debt' as provided under

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**Reasoning:** The court reasoned that the appellant's claim did not fall within the meaning of

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**Interpretation:** The interpretation of 'operational debt' is crucial in determining whether an

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**Application:** In this specific case, the court applied the definition of 'operational debt'

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## Parties

- **Judges:** S.J. Mukhop…; Bansi Lal…
- **Appellants:** Co. Jegan…
- **Respondents:** M/s. Spring Field…

## Timeline

- **2018-03-08 — Order Da…**: The court dismissed the appeal, finding no merit in it and stating that the application…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 5(20) — Definitions](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-5)

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