Meka Dredging Company Pvt. Ltd. (Appellant), already under liquidation, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, as an 'Operational Creditor' to initiate the 'Corporate Insolvency Resolution Process' against Sapura Engineering & Construction (India) Pvt. Ltd. The Adjudicating Authority (National Company Law Tribunal), Mumbai Bench, rejected this application. The Appellant argued that there was no pre-existing dispute. However, the court noted that Section 11(d) of the I&B Code prohibits a corporate debtor under liquidation from initiating such proceedings. The fact that Meka Dredging was already under liquidation is a crucial fact.

Meka Dredging Company Pvt. Ltd. (Appellant), already under liquidation, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, as an 'Operational Creditor' to initiate the 'Corporate Insolvency Resolution Process' against Sapura Engineering & Construction (India) Pvt. Ltd. The Adjudicating Authority (National Company Law Tribunal), Mumbai Bench, rejected this application. The Appellant argued that there was no pre-existing dispute. However, the court noted that Section 11(d) of the I&B Code prohibits a corporate debtor under liquidation from initiating such proceedings. The fact that Meka Dredging was already under liquidation is a crucial fact.