# In the matter of Dhanudhar Processors Pvt. Ltd. CP(IB) 731-9-NCLT-AHM-2019

> NCLT judgment dated 2020-07-27. Citation: TCN-2020-NCLT-00960. The case involves an application under Section 9 of the Insolvency and Bankruptcy Code. The…

- **Court:** NCLT
- **Order date:** 27 Jul 2020
- **Citation:** TCN-2020-NCLT-00960
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/dhanudhar-processors-pvt-ltd-cpib-731-9-nclt-ahm-2019-1bcb9a09

## Summary

### Background

The case involves an application under Section 9 of the Insolvency and Bankruptcy Code. The Operational Creditor filed a petition, CP(IB) No. 731 of 2019, before the Ahmedabad Bench of the National Company Law Tribunal (NCLT).

## Facts

NJ Industries LLP filed a petition under Section 9 of the Insolvency and Bankruptcy Code against Dhanurdhar Processors Pvt Ltd. However, the court noted that a Corporate Insolvency Resolution Process (CIRP) had already been initiated against Dhanurdhar Processors Pvt Ltd vide an order dated 05.06.2020 in CP(IB) No. 357 of 2018. This prior initiation of CIRP against the same corporate debtor is the key fact that influenced the court's decision.

## Issues and analysis

### Issue 1: Whether the present IB Petition should be entertained when a Corporate Insolvency Resolution …

**Ratio:** When a Corporate Insolvency Resolution Process (CIRP) has already been initiated against

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**Reasoning:** The court reasoned that since a CIRP was already in progress against Dhanurdhar

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**Interpretation:** The interpretation is that the existence of an ongoing CIRP takes precedence

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**Application:** In this case, the court applied the ratio by holding that since a CIRP was

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## Parties

- **Judges:** Madan B.…; Virendra Kumar…
- **Appellants:** NJ Industri…
- **Respondents:** Dhanurdhar…

## Timeline

- **2020-05-06 — Order for CIRP…**: An order was passed to initiate the Corporate Insolvency Resolution Process against…
- **2020-07-27 — Order Da…**: The NCLT Ahmedabad Bench passed an order disposing of CP(IB) No. 731 of 2019 as…

## 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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