# In the matter of Gupta Coal Resources Ltd. MA 1239-2017 & 1507,1508 & 1509-2018 & MA 205 & 289-2019 In C.P. (IB)-1239-(MB)-2017

> NCLT judgment dated 2019-05-07. Citation: TCN-2019-NCLT-03438. The case pertains to C.P. (IB)-1239/(MB)/2017 and involves multiple MAs (Miscellaneous…

- **Court:** NCLT
- **Order date:** 7 May 2019
- **Citation:** TCN-2019-NCLT-03438
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/gupta-coal-resources-ltd-ma-1239-2017-15071508-1509-2018-ma-205-289-2019-in-cp-i-9cce8496

## Summary

### Background

The case pertains to C.P. (IB)-1239/(MB)/2017 and involves multiple MAs (Miscellaneous Applications): MA 1507/2018, MA 1508/2018, MA 1509/2018, MA 289/2019, MA 205/2019, and MA 1239/2017. The matter is before the Mumbai Bench of the National Company Law Tribunal (NCLT). The order sheet is from a hearing held on May 7, 2019. The case involves Gupta Global Resources Pvt Ltd.

## Facts

The case involves Gupta Global Resources Pvt Ltd and is being heard by the Mumbai Bench of the National Company Law Tribunal (NCLT). The case number is C.P. (IB)-1239/(MB)/2017, with several related Miscellaneous Applications (MAs). During the hearing on May 7, 2019, the respondent's counsel in MA 289/2019 requested additional time to file a reply. The tribunal granted this request, allowing seven days for the reply to be filed and another seven days for any rejoinder. The case is scheduled to be listed again on June 19, 2019. The case is related to Section 10 of the Insolvency and Bankruptcy Code, 2016.

## Issues and analysis

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

**Ratio:** A court or tribunal has the discretion to grant parties reasonable time to present their

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**Reasoning:** The tribunal considered the request of the respondent's counsel for additional time to

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**Interpretation:** The principle of natural justice requires that parties be given a fair

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**Application:** In this case, the tribunal applied the principle of allowing reasonable time

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## Parties

- **Judges:** V. P. S…; Ravikumar…; +1 more
- **Respondents:** Gupta Global…

## Timeline

- **2019-05-07 — Hearing…**: Hearing of Mumbai Bench of the…
- **2019-06-19 — Next Listin…**: Case listed for further…

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