# In the matter of Easun Reyolle Ltd. C.P. (IB) No. 219-9-NCLT-AHM-2019

> NCLT judgment dated 2019-06-18. Citation: TCN-2019-NCLT-02852. The case pertains to C.P. (I.B) No. 219/9/NCLT/AHM/2019 before the Ahmedabad Bench of the…

- **Court:** NCLT
- **Order date:** 18 Jun 2019
- **Citation:** TCN-2019-NCLT-02852
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/easun-reyolle-ltd-cp-ib-no-219-9-nclt-ahm-2019-74491475

## Summary

### Background

The case pertains to C.P. (I.B) No. 219/9/NCLT/AHM/2019 before the Ahmedabad Bench of the National Company Law Tribunal (NCLT). The matter involves System Electronics Laboratory V/s. Easun Reyrolle Ltd. The petition was filed under Section 9 of the Insolvency and Bankruptcy Code.

## Facts

System Electronics Laboratory filed a petition against Easun Reyrolle Ltd. under Section 9 of the Insolvency and Bankruptcy Code. The case was registered as C.P. (I.B) No. 219/9/NCLT/AHM/2019 before the Ahmedabad Bench of the National Company Law Tribunal (NCLT). During the hearing, the petitioner, System Electronics Laboratory, sought to withdraw the petition. The learned lawyer representing the petitioner filed pursis for withdrawal. The court granted permission for the withdrawal, and accordingly, the petition was dismissed as withdrawn. The petitioner was given the liberty to file the case before the appropriate jurisdiction.

## Issues and analysis

### Issue 1: Whether the petitioner should be granted …

**Ratio:** The court has the discretion to allow the withdrawal of a petition if it deems

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**Reasoning:** The court granted permission based on the petitioner's request to withdraw the petition.

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**Interpretation:** This interpretation suggests that the court prioritizes allowing parties to

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**Application:** In this specific case, the ratio was applied by allowing System Electronics

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## Parties

- **Judges:** Harihar Prakash…; Manorama…
- **Appellants:** System Electronics…
- **Respondents:** Easun Reyrolle…

## Timeline

- **2019-06-18 — Hearing of Ahmedabad…**: Hearing of the Ahmedabad Bench of the National Company Law Tribunal. The learned lawyer…

## 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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