# In the matter of Union Bank of India Vs. Rajamundary Godavari Bridge Ltd. CA(AT)(Ins) No. 38 of 2020

> NCLAT judgment dated 2020-01-09. Citation: TCN-2020-NCLAT-00553. The case involves an appeal against an order dated 18th July 2019, by which the Adjudicating…

- **Court:** NCLAT
- **Order date:** 9 Jan 2020
- **Citation:** TCN-2020-NCLAT-00553
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-new-delhi/union-bank-of-india-vs-rajamundary-godavari-bridge-ltd-ca-ad6b6144

## Summary

### Background

The case involves an appeal against an order dated 18th July 2019, by which the Adjudicating Authority (National Company Law Tribunal), Mumbai Bench, reserved an order in C.P. (IB)2677(MB)/2018 after hearing the parties.

## Facts

The Union Bank of India filed an appeal against Rajahmundary Godavari Bridge Ltd. The appeal contested an order dated 18th July 2019, issued by the National Company Law Tribunal (NCLT), Mumbai Bench, which had reserved its order in C.P. (IB)2677(MB)/2018 after hearing the involved parties. The NCLT order pertains to a case under the Insolvency and Bankruptcy Code, 2016. The appellate tribunal found no reason to interfere with the NCLT's order and expects the NCLT members to deliver their decision quickly.

## Issues and analysis

### Issue 1: Whether the appellate tribunal should interfere with the order dated 18th July 2019 passed by the …

**Ratio:** The appellate tribunal should only

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**Reasoning:** The appellate tribunal found no ground to

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**Interpretation:** The appellate tribunal's decision indicates a deference to the Adjudicating

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**Application:** In this specific case, the appellate tribunal found no sufficient reason to

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## Parties

- **Judges:** S.J. Mukhop…; Bansi Lal…
- **Appellants:** Union Bank of…
- **Respondents:** Rajahmundary…

## Timeline

- **2019-07-18 — Adjudicating Authority…**: The Adjudicating Authority (National Company Law Tribunal), Mumbai Bench, reserved order…
- **2020-01-09 — Appellate Tribu…**: The appellate tribunal found no ground to interfere with the order of the Adjudicating…

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