# In the matter of Dhir Global Industria Pvt. Ltd. (IB)- 1282(ND)-2018

> NCLT judgment dated 2021-05-24. Citation: TCN-2021-NCLT-02098. The case pertains to an application filed under Section 9 of the Insolvency and Bankruptcy Code…

- **Court:** NCLT
- **Order date:** 24 May 2021
- **Citation:** TCN-2021-NCLT-02098
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/dhir-global-industria-pvt-ltd-ib-1282nd-2018-49303f09

## Summary

### Background

The case pertains to an application filed under Section 9 of the Insolvency and Bankruptcy Code against Dhir Global Industria Pvt Ltd by Hansal Textile System Pvt Ltd. The application, CP.No. (IB)-699(ND)/2019, was admitted, and an order initiating the Corporate Insolvency Resolution Process (CIRP) was passed.

## Facts

Hansal Textile System Pvt Ltd filed an application against Dhir Global Industria Pvt Ltd under Section 9 of the Insolvency & Bankruptcy Code. The application was registered as CP.No. (IB)-699(ND)/2019. The NCLT admitted the application on 24.05.2021 and initiated the Corporate Insolvency Resolution Process (CIRP) against Dhir Global Industria Pvt Ltd. Hansal Textile System Pvt Ltd is permitted to file its claim before the Interim Resolution Professional (IRP). The order clarifies that if the CIRP order is set aside, the applicant can pursue recourse under the law.

## Issues and analysis

### Issue 1: Whether the application filed under Section 9 of the …

**Ratio:** Section 9 of the Insolvency and Bankruptcy Code outlines the requirements and procedure

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**Reasoning:** The court examined the application filed by Hansal Textile System Pvt Ltd to determine if

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**Interpretation:** Section 9 allows an operational creditor to initiate CIRP against a corporate

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**Application:** The court applied the provisions of Section 9 to the facts presented in the

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## Parties

- **Judges:** DEEΡΤΙ M…; SUMΙΤΑ PURK…
- **Appellants:** Hansal Textile…
- **Respondents:** Dhir Global…

## Timeline

- **2019-01-01 — Application…**: CP.No. (IB)-699(ND)/2019…
- **2021-05-24 — Order Admission and…**: The application was admitted, and the…

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