# in the matter of Amrit Feeds Ltd. CP(IB)No.1288-KB-2018

> NCLT judgment dated 2019-01-25. Citation: TCN-2019-NCLT-05168. The case involves Aditya Commercial Corporation Vs. Amrit Feeds Ltd. The Corporate Debtor,…

- **Court:** NCLT
- **Order date:** 25 Jan 2019
- **Citation:** TCN-2019-NCLT-05168
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/amrit-feeds-ltd-cpibno1288-kb-2018-410a4e1e

## Summary

### Background

The case involves Aditya Commercial Corporation Vs. Amrit Feeds Ltd. The Corporate Debtor, Amrit Feeds Ltd., is already admitted into the Corporate Insolvency Resolution Process (CIRP) by an order of Bench No.1 dated 15.01.2019 in CP(IB) No.333/KB/2018.

## Facts

Aditya Commercial Corporation initiated a case against Amrit Feeds Ltd. The Corporate Debtor, Amrit Feeds Ltd., was already admitted into the Corporate Insolvency Resolution Process (CIRP) by an order dated 15.01.2019 in CP(IB) No.333/KB/2018. The Operational Creditor, Aditya Commercial Corporation, sought to pursue its claim. The court considered the implications of the existing CIRP under Section 11(b) of the I&B Code.

## Issues and analysis

### Issue 1: Whether the current proceeding can survive given that the Corporate Debtor is already admitted into …

**Ratio:** Section 11(b) of the I&B Code dictates that a proceeding cannot survive if the

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**Reasoning:** The court reasoned that because the Corporate Debtor was already admitted into CIRP, the

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**Interpretation:** Section 11(b) is interpreted to prevent parallel proceedings against a

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**Application:** Given that Amrit Feeds Ltd. was already in CIRP, the court applied Section

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## Parties

- **Judges:** Madan B.…
- **Appellants:** Aditya Commercial…
- **Respondents:** Amrit Feed…

## Timeline

- **2019-01-25 — Hearing…**: Hearing held on January…
- **2019-01-15 — CIRP Admi…**: Corporate Debtor admitted into Corporate Insolvency Resolution Process by order of Bench…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 11(b) — Persons not entitled to make application](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-11)

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