# In the matter of G.E. T. Power Ltd. IBA-729-2019

> NCLT judgment dated 2019-08-27. Citation: TCN-2019-NCLT-01739. M/s. Nilkanth Engineering Works & Co. filed IBA/729/2019 against the Corporate Debtor (M/s.…

- **Court:** NCLT
- **Order date:** 27 Aug 2019
- **Citation:** TCN-2019-NCLT-01739
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/ge-t-power-ltd-iba-729-2019-0ce3bd62

## Summary

### Background

M/s. Nilkanth Engineering Works & Co. filed IBA/729/2019 against the Corporate Debtor (M/s. G.E.T. Power Ltd.). However, IBA/728/2019 was already admitted against the same Corporate Debtor.

## Facts

M/s. Nilkanth Engineering Works & Co. filed an application IBA/729/2019 against M/s. G.E.T. Power Ltd., the Corporate Debtor. Prior to this application, another application, IBA/728/2019, had already been admitted against the same Corporate Debtor. The court noted the existence of the prior admitted application.

## Issues and analysis

### Issue 1: Whether the application IBA/729/2019 should be admitted when a prior application, IBA/728/2019, …

**Ratio:** Duplication of insolvency proceedings against the same corporate debtor is generally

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**Reasoning:** The court reasoned that since IBA/728/2019 was already admitted against the Corporate

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**Interpretation:** The interpretation is that when an insolvency application is already admitted

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**Application:** The court applied this principle by dismissing IBA/729/2019 but granting the

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## Parties

- **Judges:** B.S.V. Prakash…; S. VIJAYARA…
- **Appellants:** ΝΙΚΑΝΤH ENGINEERGI…
- **Respondents:** G.E.T POW…

## Timeline

- **2019-08-27 — Hearing…**: Hearing held on August…
- **2019-01-01 — Filing of IBA/…**: M/s. Nilkanth Engineering Works & Co. filed…

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