# In the matter of Bhuvee Stenovate Pvt.  Ltd. CP(IB)No. 1367-KB-2018

> NCLT judgment dated 2019-03-20. Citation: TCN-2019-NCLT-04376. The case pertains to CP(IB)No.1367/KB/2018 before the National Company Law Tribunal, Kolkata…

- **Court:** NCLT
- **Order date:** 20 Mar 2019
- **Citation:** TCN-2019-NCLT-04376
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/bhuvee-stenovate-pvt-ltd-cpibno-1367-kb-2018-a3bbdcf5

## Summary

### Background

The case pertains to CP(IB)No.1367/KB/2018 before the National Company Law Tribunal, Kolkata Bench. The matter involves Mr. Brijmohan Karnani Vs. Bhuvee Stenovate Pvt. Ltd. The Corporate Debtor is undergoing CIRP vide order dated 12/03/2019 passed by the Adjudicating Authority in CP(IB) No. 515/KB/2018.

## Facts

The case is CP(IB)No.1367/KB/2018 before the National Company Law Tribunal, Kolkata Bench, involving Mr. Brijmohan Karnani Vs. Bhuvee Stenovate Pvt. Ltd. The Corporate Debtor, Bhuvee Stenovate Pvt. Ltd., is undergoing Corporate Insolvency Resolution Process (CIRP) as per an order dated 12/03/2019 in CP(IB) No. 515/KB/2018. The Operational Creditor appeared before the court, and the court directed them to approach the Interim Resolution Professional (IRP) or Resolution Professional (RP) to proceed with their claim. The representatives Mr. Prasenjit Burman, Ms. Puja Beriwal, and Mr. Sushevor Dey, Advocates, appeared on behalf of the Operational Creditor.

## Issues and analysis

### Issue 1: Whether the Operational Creditor should be allowed to proceed with its claim given that the …

**Ratio:** When a Corporate Debtor is undergoing CIRP, claims against the Corporate Debtor must be

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**Reasoning:** The court noted that the Corporate Debtor was already undergoing CIRP. Therefore, the

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**Interpretation:** This interpretation aligns with the established procedure under the Insolvency

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**Application:** Given that Bhuvee Stenovate Pvt. Ltd. is undergoing CIRP, the Operational

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## Parties

- **Judges:** Madan B.…
- **Appellants:** Brijmohan K…
- **Respondents:** Bhuvee Stenovate…

## Timeline

- **2019-03-12 — CIRP Ord…**: Corporate Debtor is undergoing CIRP vide order dated 12/03/2019 passed by the…
- **2019-03-20 — Hearing…**: Hearing on 20th March, 2019, where the…

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