# In the matter of Briar Knoll Mills Pvt.  Ltd. IA-352-IB-2020 in CP-729-IB-2018

> NCLT judgment dated 2021-04-16. Citation: TCN-2021-NCLT-02367. The case pertains to IA/352/IB/2020 in CP/729/IB/2018 before the National Company Law Tribunal…

- **Court:** NCLT
- **Order date:** 16 Apr 2021
- **Citation:** TCN-2021-NCLT-02367
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/briar-knoll-mills-pvt-ltd-ia-352-ib-2020-in-cp-729-ib-2018-1764b295

## Summary

### Background

The case pertains to IA/352/IB/2020 in CP/729/IB/2018 before the National Company Law Tribunal (NCLT), Chennai Bench. The matter involves the liquidation of the Corporate Debtor, Briar Knoll Mills Pvt. Ltd., pursuant to orders passed on 2021-02-22. The IBBI communicated the appointment of Mr. Vengetrao as the Liquidator.

## Facts

The National Company Law Tribunal (NCLT), Chennai Bench, was hearing IA/352/IB/2020 in CP/729/IB/2018. The Tribunal had previously ordered the liquidation of Briar Knoll Mills Pvt. Ltd. on 2021-02-22. Following this order, the NCLT Registry communicated with the Insolvency and Bankruptcy Board of India (IBBI). The IBBI, in turn, appointed Mr. Vengetrao as the Liquidator for Briar Knoll Mills Pvt. Ltd. The Tribunal then directed its Registry to communicate this appointment to Mr. Vengetrao. The learned counsel for RP Ms. Pooja Damordaran is present through video conferencing platform.

## Issues and analysis

### Issue 1: Whether the communication of the IBBI's appointment of the Liquidator to the said Liquidator is …

**Ratio:** The ratio is that effective communication between the Tribunal, the IBBI, and the

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**Reasoning:** The Tribunal reasoned that for the liquidation process to proceed effectively, the

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**Interpretation:** This issue highlights the importance of procedural compliance and communication

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**Application:** In this specific case, the Tribunal applied this principle by directing its

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## Parties

- **Judges:** R. VARADH…; Anil Ku…
- **Appellants:** ArumugamAr…
- **Respondents:** Briar Knoll Mills…

## Timeline

- **2021-02-22 — Liquidation…**: The Tribunal passed an order for the liquidation of Corporate Debtor Briar Knoll Mills…
- **2021-03-08 — IBBI Commun…**: IBBI communicated the appointment of…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 33 — Initiation of liquidation](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-33)

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