# In the matter of Eldorado Entertainment Private Limited Company Petition No. (IB-1322-ND-2019

> NCLT judgment dated 2019-10-11. Citation: TCN-2019-NCLT-01026. Impressions Services Private Limited filed an application under Section 9 of the Insolvency and…

- **Court:** NCLT
- **Order date:** 11 Oct 2019
- **Citation:** TCN-2019-NCLT-01026
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/eldorado-entertainment-private-limited-company-petition-no-ib-1322-nd-2019-77a17826

## Summary

### Background

Impressions Services Private Limited filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against Eldorado Entertainment Private Limited. Impressions Services, an operational creditor providing housekeeping services, claimed that Eldorado Entertainment defaulted on payments. The applicant stated that the corporate debtor agreed via email dated 2014-05-13 and requested the applicant to start the housekeeping services at their site. The applicant had started the housekeeping work at the site of the corporate debtor on 2014-06-01. The applicant had raised invoices from the period

…

## Facts

Impressions Services Private Limited (the Applicant), an operational creditor providing housekeeping services, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) to initiate the Corporate Insolvency Resolution Process (CIRP) against Eldorado Entertainment Private Limited (the Corporate Debtor) due to unpaid operational debt. The Corporate Debtor is a private limited company incorporated on 2010-03-19. The Applicant stated that the Corporate Debtor agreed via email dated 2014-05-13 and requested the applicant to start the housekeeping services at their site. The applicant had started the housekeeping work at the site of the corporate debtor on 2014-06-01. The applicant had raised invoices from the period 2017-08-26 to 2018-03-10. The

…

## Issues and analysis

### Issue 1: Whether the application filed by the operational creditor under Section 9 of the Insolvency and …

**Ratio:** Section 9 of the Insolvency and Bankruptcy Code, 2016, outlines the requirements for an

…

**Reasoning:** The court observed that the applicant had submitted all the necessary documents and

…

**Interpretation:** Section 9 of the IBC specifies the conditions and procedures for an operational

…

**Application:** In this case, the applicant, Impressions Services Private Limited, fulfilled

…

## Parties

- **Judges:** DEEPTI M…; Sh. Hemant Kumar…
- **Appellants:** Impressions…
- **Respondents:** Eldorado Entertain…

## Timeline

- **2010-03-19 — Incorporation of…**: Eldorado Entertainment…
- **2014-05-13 — Agreement for…**: Eldorado Entertainment Private Limited agreed via email to engage Impressions Services…

## 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)

---

This is a preview. The full structured summary, issues, precedents and source judgment are available on CaseEase - Legal Intelligence Simplified: https://caseease.in/cases/ibc/nclt-chandigarh/eldorado-entertainment-private-limited-company-petition-no-ib-1322-nd-2019-77a17826