# In the matter of Jitendra Narayan Vs. Integrated Batteries India Pvt. Ltd. & Anr. CA(AT)(Ins) No.206 of 2020

> NCLAT judgment dated 2020-03-04. Citation: TCN-2020-NCLAT-00346. The case involves an appeal before the National Company Law Appellate Tribunal (NCLAT)…

- **Court:** NCLAT
- **Order date:** 4 Mar 2020
- **Citation:** TCN-2020-NCLAT-00346
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-new-delhi/jitendra-narayan-vs-integrated-batteries-india-pvt-ltd-anr-ca-62538a4f

## Summary

### Background

The case involves an appeal before the National Company Law Appellate Tribunal (NCLAT) concerning an insolvency matter. The appellant and respondent have reportedly settled the matter between themselves.

## Facts

Jitendra Narayan filed an appeal against Integrated Batteries India Pvt. Ltd. & Anr. before the NCLAT. During the proceedings, the appellant and the respondent informed the tribunal that they had reached a settlement. Consequently, the appellant sought to withdraw the appeal. The tribunal permitted the withdrawal and dismissed the appeal. The tribunal also allowed the appellant to file an application under Section 12A of the Insolvency and Bankruptcy Code, 2016, read with Regulations 30A of the IBBI regulations, to seek appropriate remedies.

## Issues and analysis

### Issue 1: Whether the Appellant should be permitted to withdraw the appeal based on a settlement reached with …

**Ratio:** The legal principle applied is that parties are generally allowed to withdraw appeals if

…

**Reasoning:** The court reasoned that since the parties had settled the matter, allowing the withdrawal

…

**Interpretation:** This issue involves the interpretation of procedural rules regarding the

…

**Application:** The ratio and reasoning were applied to the specific facts of the case, where

…

## Parties

- **Judges:** Venugop…; V. P. S…; +1 more
- **Appellants:** Jitendra N…
- **Respondents:** Integrated…

## Timeline

- **2020-03-04 — Settlement and…**: The Appellant and Respondent represented to the Tribunal that the matter had been settled…
- **2020-03-04 — Order of the…**: The Tribunal permitted the Appellant to withdraw the appeal, dismissed the appeal as…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 12 — Time-limit for completion of insolvency resolution…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-12)

---

This is a preview. The full structured summary, issues, precedents and source judgment are available on CaseEase - Legal Intelligence Simplified: https://caseease.in/cases/ibc/nclat-new-delhi/jitendra-narayan-vs-integrated-batteries-india-pvt-ltd-anr-ca-62538a4f