# In the matter of Reliance Infrastructure Ltd. vs. Sudip Bhattacharya Resolution Professional of
Reliance Naval and Engineering Ltd. & Ors.

> NCLAT judgment dated 2023-07-14. Citation: TCN-2023-NCLAT-00376. The case pertains to Company Appeal (AT) (Insolvency) No. 131 of 2023 before the National…

- **Court:** NCLAT
- **Order date:** 14 Jul 2023
- **Citation:** TCN-2023-NCLAT-00376
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-new-delhi/reliance-infrastructure-ltd-vs-sudip-bhattacharya-resolution-professional-of-rel-a26bf7b2

## Summary

### Background

The case pertains to Company Appeal (AT) (Insolvency) No. 131 of 2023 before the National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi. The appeal involves Reliance Infrastructure Ltd. as the Appellant and Sudip Bhattacharya, Resolution Professional of Reliance Naval Engineering Ltd. & Ors. as the Respondents. The case was adjourned from May 25, 2023, to July 14, 2023.

## Facts

Reliance Infrastructure Ltd. filed an appeal before the NCLAT against Sudip Bhattacharya, the Resolution Professional of Reliance Naval Engineering Ltd. & Ors. On May 25, 2023, the Appellant sought an adjournment, which was granted until July 14, 2023. On July 14, 2023, the Appellant's counsel requested permission to withdraw the appeal. The court accepted this request and dismissed the appeal.

## Issues and analysis

### Issue 1: Whether the Appellant should be …

**Ratio:** An appellant has the right to withdraw an appeal, subject to the court's discretion to

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**Reasoning:** The court accepted the Appellant's prayer to withdraw the appeal. The reasoning is based

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**Interpretation:** The interpretation is that an appellant can withdraw an appeal, and the court

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

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## Parties

- **Judges:** Ashok Bh…; Barun M…
- **Appellants:** Reliance Infrastru…
- **Respondents:** Reliance Naval…; Sudip Bhatt…
- **Advocates:** Suhael B…; Vineet…; +8 more

## Timeline

- **2023-05-25 — Adjournm…**: The case was adjourned to 14.07.2023 at…
- **2023-07-14 — Appeal Dis…**: The court accepted the Appellant's prayer…

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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/reliance-infrastructure-ltd-vs-sudip-bhattacharya-resolution-professional-of-rel-a26bf7b2