# In the matter of Earth Gracia Buildcon Pvt. Ltd. (IB)-448(PB)-2017

> NCLT judgment dated 2019-02-08. Citation: TCN-2019-NCLT-04934. The case involves an application/petition filed by Rajendra Kumar Saxena against Earth Gracia…

- **Court:** NCLT
- **Order date:** 8 Feb 2019
- **Citation:** TCN-2019-NCLT-04934
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/earth-gracia-buildcon-pvt-ltd-ib-448pb-2017-6d07182e

## Summary

### Background

The case involves an application/petition filed by Rajendra Kumar Saxena against Earth Gracia Buildcon Pvt. Ltd. under Section 7 of the Insolvency & Bankruptcy Code, CIRP. The ROC stated that Earth Gracia Buildcon Pvt. Ltd. is restored and the order striking of the name of the company stands rescinded.

## Facts

Rajendra Kumar Saxena filed an application/petition against Earth Gracia Buildcon Pvt. Ltd. under Section 7 of the Insolvency & Bankruptcy Code, CIRP. The ROC (Registrar of Companies) replied on 2018-12-06 stating that Earth Gracia Buildcon Pvt. Ltd. has been restored, and the order striking off the company's name has been rescinded. As a result, CA-121(PB)/2019 has been rendered infructuous.

## Issues and analysis

### Issue 1: Whether CA-121(PB)/2019 should be disposed of as infructuous given the ROC's statement that Earth …

**Ratio:** When the basis for a legal action ceases to exist, the action becomes infructuous and

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**Reasoning:** The ROC's reply indicates that Earth Gracia Buildcon Pvt. Ltd. has been restored, and the

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**Interpretation:** The interpretation is that if the underlying reason for a case is removed, the

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**Application:** Since Earth Gracia Buildcon Pvt. Ltd. was restored, the application

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## Parties

- **Judges:** M. M. K…; Pradeep R.…
- **Appellants:** Rajendra Kumar…
- **Respondents:** Earth Gracia…

## Timeline

- **2018-12-06 — ROC Repl…**: The ROC stated that Earth Gracia Buildcon Pvt. Ltd. is restored and the order striking of…
- **2019-02-08 — Order Del…**: Order delivered stating that…

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