# In the matter of Hari Machines Ltd. C.P. (IB) No. 156-KB-2018

> NCLT judgment dated 2017-06-22. Citation: TCN-2017-NCLT-00789. The case involves a petition filed against Unistar Metals Pvt. Ltd. -Vs- Hari Machines Ltd. The…

- **Court:** NCLT
- **Order date:** 22 Jun 2017
- **Citation:** TCN-2017-NCLT-00789
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/hari-machines-ltd-cp-ib-no-156-kb-2018-6078b8d6

## Summary

### Background

The case involves a petition filed against Unistar Metals Pvt. Ltd. -Vs- Hari Machines Ltd. The corporate debtor is already undergoing Corporate Insolvency Resolution Process (CIRP) vide order passed in C.P. (IB) No. 109/KB/2018 in Poonam Kanchalia -Versus- Hari Machine Ltd. on 15/05/2018.

## Facts

A petition was filed against Unistar Metals Pvt. Ltd. -Vs- Hari Machines Ltd. under Section 9 of the IBC. However, it was brought to the court's notice that the corporate debtor, Hari Machines Ltd., was already undergoing Corporate Insolvency Resolution Process (CIRP) vide order passed in C.P. (IB) No. 109/KB/2018 in Poonam Kanchalia -Versus- Hari Machine Ltd. on 15/05/2018. Due to the existing CIRP, the court deemed the current petition not maintainable under Section 11 of the Insolvency and Bankruptcy Code, 2016.

## Issues and analysis

### Issue 1: Whether the petition is maintainable given that the …

**Ratio:** Section 11 of the Insolvency and Bankruptcy Code, 2016, restricts the initiation of fresh

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**Reasoning:** The court reasoned that allowing a fresh petition when CIRP is already in progress would

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**Interpretation:** Section 11 is interpreted to mean that once CIRP has commenced, no new

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**Application:** Since Hari Machines Ltd. was already undergoing CIRP, the court applied Section

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## Parties

- **Judges:** Jinan…; Madan B.…
- **Appellants:** Unistar Metals…
- **Respondents:** Hari Machin…

## Timeline

- **2018-06-22 — Hearing…**: Hearing held on June…
- **2018-05-15 — CIRP Ord…**: Order passed in C.P. (IB) No. 109/KB/2018 in Poonam Kanchalia -Versus- Hari Machine Ltd.…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 11 — Persons not entitled to make application](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-11)

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