# In the matter of PCI Ltd. vs. Central Bank of India

> NCLAT judgment dated 2025-04-09. Citation: TCN-2025-NCLAT-00379. The appeal was filed against an order dated 01.04.2025. The appellant had filed a Writ…

- **Court:** NCLAT
- **Order date:** 9 Apr 2025
- **Citation:** TCN-2025-NCLAT-00379
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-new-delhi/pci-ltd-vs-central-bank-of-india-78b9bf9f

## Summary

### Background

The appeal was filed against an order dated 01.04.2025. The appellant had filed a Writ Petition before the Delhi High Court, where an order was passed on 26.03.2025.

## Facts

The appeal is against an order dated 01.04.2025.

The Appellant filed a Writ Petition before the Delhi High Court.

The Delhi High Court passed an order on 26.03.2025.

The Appellant submitted that the order of the High Court was placed before the Adjudicating Authority.

The Adjudicating Authority reserved the order after hearing arguments.

The Adjudicating Authority did not accede to the prayer for adjournment.

## Issues and analysis

### Issue 1: Whether the Adjudicating Authority considered the …

**Ratio:** The order of the Adjudicating Authority does not reflect any consideration of the High

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**Reasoning:** The Appellant argued that the order of the High Court was placed before the Adjudicating

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**Interpretation:** The tribunal inferred that the Adjudicating Authority may not have adequately

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**Application:** This lack of consideration was a factor in the tribunal's decision to dismiss

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## Parties

- **Judges:** Ashok Bh…; Barun M…; +1 more
- **Appellants:** PCI L…
- **Respondents:** Central Bank of…
- **Advocates:** Abhijeet…; Prakhar M…; +7 more

## Timeline

- **2025-04-09 — Hearing…**: Heard learned counsel for the…
- **2025-04-01 — Order Da…**: Appeal filed against…

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