# In the matter of Gaurav Bhatia vs. Smriti Bhatia & Ors.

> NCLAT judgment dated 2025-07-01. Citation: TCN-2025-NCLAT-00345. The appeal was filed by the suspended director of the Corporate Debtor (CD) challenging the…

- **Court:** NCLAT
- **Order date:** 1 Jul 2025
- **Citation:** TCN-2025-NCLAT-00345
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-new-delhi/gaurav-bhatia-vs-smriti-bhatia-ors-27225931

## Summary

### Background

The appeal was filed by the suspended director of the Corporate Debtor (CD) challenging the order dated 13.06.2025, by which an application filed under Section 7 of the Code by Respondents No. 1 to 3 was admitted for the resolution of an amount.

## Facts

The appeal was filed by the suspended director of the CD to challenge the order dated 13.06.2025.

Respondents No. 1 to 3 filed an application under Section 7 of the Code, which was admitted for the resolution of an amount.

The appellant expressed intention to settle the matter with the respondents and was ready to pay the whole amount.

Respondents did not deny the factum of intended settlement.

The appellant agreed to pay the respondents/applicants the whole amount for which the insolvency process was initiated within three days.

There was no other financial creditor except Respondent No. 1 to 3.

The IRP made a publication on 15.06.2025 and fixed the last date for submission of claims by the creditors as 27.06.2025.

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## Issues and analysis

### Issue 1: Whether the appeal can be disposed of by setting aside the impugned order, considering the …

**Ratio:** In similar circumstances, the matter was closed by the Tribunal on the ground that in the

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**Reasoning:** The court considered that the appellant had paid the amount and there were no other

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**Interpretation:** The court interpreted that the appeal can be disposed of by setting aside the

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**Application:** The court applied the ratio and

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## Parties

- **Judges:** Rakesh Kuma…; Mohammad Faiz…; +1 more
- **Appellants:** Gaurav B…
- **Respondents:** Bird Consultancy…; Bird Hospitality…; +1 more
- **Other parties:** Atul K…; Kunal God…
- **Advocates:** K. Da…; Assem Chat…; +5 more

## Timeline

- **13.06.2025 — Order Da…**: Order passed which is…
- **18.06.2025 — Preliminary…**: Court passed an order regarding…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 12A — (1) Subject to sub](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-12a)

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