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

> NCLT judgment dated 2019-01-25. Citation: TCN-2019-NCLT-05154. The case involves Aditya Commercial Corporation Vs. Amrit Feeds Ltd. The Corporate Debtor,…

- **Court:** NCLT
- **Order date:** 25 Jan 2019
- **Citation:** TCN-2019-NCLT-05154
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/amrit-feeds-ltd-cpibno1288-kb-2018-48dba9af

## 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 filed an application against Amrit Feeds Ltd. The Corporate Debtor, Amrit Feeds Ltd., was already admitted into Corporate Insolvency Resolution Process (CIRP) by the order of Bench No.1 dated 15.01.2019 in CP(IB) No.333/KB/2018. The court considered the application in view of Section 11(b) of the I&B Code. The Operational Creditor is granted the liberty to file a claim before the IRP/RP in the ongoing CIRP.

## Issues and analysis

### Issue 1: Whether the current proceeding can survive in view of Section 11(b) of the I&B Code, given that …

**Ratio:** Section 11(b) of the I&B Code stipulates that once a corporate debtor is admitted

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**Reasoning:** The court reasoned that since the Corporate Debtor is already undergoing CIRP, the

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**Interpretation:** Section 11(b) is interpreted to mean that once CIRP has commenced, any parallel

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**Application:** Given that Amrit Feeds Ltd. is already in CIRP, the court applied Section 11(b)

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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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