# In the matter of Citly Foods Ltd. CP(IB) No. 168-9-HDB-2018

> NCLT judgment dated 2020-02-12. Citation: TCN-2020-NCLT-01993. The case pertains to a Company Petition/Application filed under CP(IB) NO. 168/9/HDB/2018. The…

- **Court:** NCLT
- **Order date:** 12 Feb 2020
- **Citation:** TCN-2020-NCLT-01993
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/citly-foods-ltd-cpib-no-168-9-hdb-2018-328b6c8b

## Summary

### Background

The case pertains to a Company Petition/Application filed under CP(IB) NO. 168/9/HDB/2018. The petitioner is Narayan Industries, and the respondent is Citly Foods Ltd. The application is filed under Section 9 of the Insolvency and Bankruptcy Code (IBC).

## Facts

Narayan Industries filed a Company Petition/Application (CP(IB) NO. 168/9/HDB/2018) against Citly Foods Ltd under Section 9 of the IBC. During the hearing on 2020-02-12, neither party was represented. Consequently, the court dismissed the petition for default.

## Issues and analysis

### Issue 1: Whether the Company Petition/Application filed by Narayan Industries against Citly Foods Ltd should …

**Ratio:** The admission of a petition under Section 9 of the IBC requires the petitioner to

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**Reasoning:** The court did not proceed to examine the merits of the petition because neither party was

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**Interpretation:** Section 9 of the IBC outlines the procedure for initiating the Corporate

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**Application:** In this case, the court could not apply the provisions of Section 9 because

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## Parties

- **Judges:** Janab Mohammed…
- **Appellants:** Narayan Ind…
- **Respondents:** Citly Foo…

## Timeline

- **2018-01-01 — Filing of Company…**: Company Petition/Application…
- **2020-02-12 — Hearing…**: Hearing held on 2020-02-12 at 10:30 AM. No representation for either side. CP dismissed…

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