# In the matter of Export Import Bank of India Vs Resolution Professional JEKPL Pvt. Ltd.

> NCLAT judgment dated 2018-02-09. Citation: TCN-2018-NCLAT-00376. The case involves an appeal before the National Company Law Appellate Tribunal (NCLAT)…

- **Court:** NCLAT
- **Order date:** 9 Feb 2018
- **Citation:** TCN-2018-NCLAT-00376
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-new-delhi/export-import-bank-of-india-vs-resolution-professional-jekpl-pvt-ltd-143c5de9

## Summary

### Background

The case involves an appeal before the National Company Law Appellate Tribunal (NCLAT) concerning an insolvency matter. The Resolution Professional, Mr. Mukesh Mohan, allegedly suppressed an order passed by the Appellate Tribunal and persuaded the Adjudicating Authority to consider the matter. The Adjudicating Authority (Ahmedabad Bench) passed a final order under Section 31 of the Insolvency & Bankruptcy Code, 2016, despite the pendency of the appeal and the Appellate Tribunal's order. An allegation was made in a supplementary affidavit regarding the functioning of the Adjudicating Authority.

## Facts

The Export Import Bank of India filed a Company Appeal (AT)(Insolvency) No. 304 of 2017 before the National Company Law Appellate Tribunal (NCLAT) against Resolution Professional JEKPL Pvt. Ltd. Mr. Mukesh Mohan, the Resolution Professional, allegedly suppressed an order of the NCLAT dated 08.12.2017 and persuaded the Adjudicating Authority (Ahmedabad Bench) to consider the matter. The Adjudicating Authority then passed a final order under Section 31 of the Insolvency & Bankruptcy Code, 2016, despite the pendency of the appeal and the NCLAT's order. An allegation was made in a supplementary affidavit regarding the functioning of the Adjudicating Authority. The NCLAT issued a notice to Mr. Mukesh Mohan to show cause why contempt proceedings should not be initiated

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## Issues and analysis

### Issue 1: Whether Mr. Mukesh Mohan suppressed the order passed by the Appellate Tribunal and persuaded the …

**Ratio:** The ratio is based on the principle that orders of higher courts must be respected and

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**Reasoning:** The court's reasoning is that if Mr. Mohan indeed suppressed the order and persuaded the

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**Interpretation:** The interpretation involves understanding the importance of transparency and

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**Application:** If the facts support the allegation that Mr. Mohan suppressed the order, the

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## Parties

- **Judges:** S.J. Mukhop…; Bansi Lal…
- **Appellants:** Export Import…; Export-Import…
- **Respondents:** Resolution…

## Timeline

- **2017-12-08 — Appellate Tribu…**: The Appellate Tribunal passed an order which was…
- **2018-02-09 — NCLAT Or…**: NCLAT issued a notice to Mr. Mukesh Mohan to state why contempt proceedings should not be…

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