# In the matter of Andrew Industries (India) Private Limited CP(IB)-49(CHE)-2022

> Read the full IBC case summary for In the matter of Andrew Industries (India) Private Limited CP(IB)-49(CHE)-2022. NCLT judgment dated 2022-05-02. Citation:…

- **Court:** NCLT
- **Order date:** 2 May 2022
- **Citation:** TCN-2022-NCLT-04863
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/andrew-industries-india-private-limited-cpib-49che-2022-e3ef3e8b

## Summary

### Background

The Liquidator filed a Company Application under Section 59(7) of the Insolvency and Bankruptcy Code, 2016, seeking the dissolution of Andrew Industries (India) Private Limited following its voluntary liquidation.

## Facts

Andrew Industries (India) Private Limited, initially incorporated as BMP Engineering Technology India Private Limited on September 23, 2009, changed its name on March 1, 2010. The company manufactured industrial bag filters for pollution control in heavy industries. Its registered office is in Chennai, and its Corporate Identification Number is U29268TN2009FTC072955.

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## Issues and analysis

### Issue 1: Whether Andrew Industries (India) Private Limited should be dissolved following its voluntary…

**Ratio:** A company that has completed its voluntary liquidation process, settled all its debts,…

**Reasoning:** The company's affairs were completely wound up, assets liquidated, and all liabilities,…

**Interpretation:** The NCLT interpreted **Section 59(8)** of the IBC, 2016, to mean that once the…

**Application:** Given that Andrew Industries (India) Private Limited had wound up its affairs,…

## Parties

- **Judges:** S. Ramath…; Anil Ku…
- **Advocates:** For Appli…; Chandramouli…

## Timeline

- **September 23, 2009 — Company Incor…**: The Company was incorporated as BMP…
- **March 1, 2010 — Name Cha…**: The company's name was changed to Andrew…

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