# In the matter of AM Clean Air Engineering Pvt. Ltd. IBA-202-2019

> NCLT judgment dated 2019-09-12. Citation: TCN-2019-NCLT-01480. The document pertains to an order regarding MA/814/2019 in IBA/202/2019. The order was issued…

- **Court:** NCLT
- **Order date:** 12 Sept 2019
- **Citation:** TCN-2019-NCLT-01480
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/am-clean-air-engineering-pvt-ltd-iba-202-2019-1c647e34

## Summary

### Background

The document pertains to an order regarding MA/814/2019 in IBA/202/2019. The order was issued by the National Company Law Tribunal (NCLT), Chennai Bench. The case involves the appointment of a Resolution Professional.

## Facts

The key facts are as follows: An application, MA/814/2019, was filed in connection with IBA/202/2019. The IBBI provided confirmation, leading the NCLT Chennai Bench to approve the appointment of Mr. Tharuvai Ramachandran Ravichandran as the Resolution Professional. This appointment was made following a resolution passed by the Committee of Creditors (CoC) to replace Dr. L. Natarajan, the existing Interim Resolution Professional (IRP). The order was issued on an unspecified date in 2019.

## Issues and analysis

### Issue 1: Whether the appointment of Mr. Tharuvai Ramachandran Ravichandran as Resolution Professional, …

**Ratio:** The legal principle applied is that the NCLT can approve the appointment of a Resolution

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**Reasoning:** The court reasoned that since the IBBI confirmed the appointment and the CoC passed a

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**Interpretation:** This involves interpreting the powers of the NCLT in approving Resolution

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

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## Parties

- **Judges:** B.S.V. Prakash…; SHRI.S.VIJAYARAGHA…
- **Appellants:** Oriental Bank of…
- **Respondents:** AM CLEAN AIR…

## Timeline

- **2019-09-12 — Hearing…**: Hearing held at 10.30 AM on 12/9/2019…
- **2019-01-01 — Application…**: MA/814/2019 filed in…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 22(3) — Appointment of resolution professional](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-22)

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