# Ashish Dhillon vs. Ram Hari Cars Pvt. Ltd.

> NCLT judgment dated 2026-08-24. Citation: TCN-2026-NCLT-01030. Ashish Dhillon, the Petitioner, filed an application for the liquidation of Ram Hari Cars Pvt.…

- **Court:** NCLT
- **Order date:** 24 Aug 2026
- **Citation:** TCN-2026-NCLT-01030
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/ashish-dhillon-vs-ram-hari-cars-pvt-ltd-oep45

## Summary

### Background

Ashish Dhillon, the Petitioner, filed an application for the liquidation of Ram Hari Cars Pvt. Ltd., the Corporate Debtor, under Sections 9, 33(2), and 60(5) of the IBC, 2016. The Committee of Creditors (CoC) had already passed a resolution for liquidation in its 3rd meeting on 15.07.2020, with a 71.87% vote share in favor.

## Facts

Ashish Dhillon is the Petitioner in this matter.

Ram Hari Cars Pvt. Ltd. is the Respondent and Corporate Debtor.

The application is filed under Sections 9, 33(2), and 60(5) of the IBC, 2016.

The Committee of Creditors (CoC) passed a resolution for liquidation in its 3rd meeting on 15.07.2020.

The resolution for liquidation received 71.87% of the vote share in favour.

Mr. A.S. Likhari, Proxy Counsel for Mr. Nitin Kant Setia (Advocate for the RP), requested an adjournment.

The application IA(IBC)421(CH)2020 has been pending since 2020.

Ms. Alka Girdhar is appointed as the Liquidator for the Corporate Debtor.

The order of moratorium under Section 14 of IBC, 2016, ceases, and a fresh moratorium under Section 33(5) commences.

…

## Issues and analysis

### Issue 1: Whether the application for liquidation of Ram Hari Cars Pvt. Ltd. should be allowed given the …

**Ratio:** Under Section 33(2) of the IBC, 2016, the Adjudicating Authority is mandated to pass a

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**Reasoning:** The CoC of Ram Hari Cars Pvt. Ltd. passed a resolution for liquidation with a 71.87%

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**Interpretation:** Section 33(2) of the IBC, 2016, imposes a statutory obligation on the

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**Application:** Given the CoC's clear resolution for liquidation with the required majority,

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## Parties

- **Judges:** SHRI. K.K.…; SHRI. ASHOK KUMAR…
- **Appellants:** Ashish Dh…
- **Respondents:** Ram Hari Cars…
- **Other parties:** Alka Gi…; Committee of…; +7 more
- **Advocates:** Nitin Kant…; A.S Lik…

## Timeline

- **2020 — Application Pendency…**: It was noted that the application…
- **2020-07-15 — CoC Resolution for…**: The Committee of Creditors (CoC) passed a resolution for the liquidation of the Corporate…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 9 — Application for initiation of corporate insolvency…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-9)

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