# In the matter of Hind Motors India Ltd. CP (IB) No. 06-(Chd)-2017

> NCLT judgment dated 2017-03-09. Citation: TCN-2017-NCLT-00955. The case involves an application to initiate corporate insolvency resolution process for M/s…

- **Court:** NCLT
- **Order date:** 9 Mar 2017
- **Citation:** TCN-2017-NCLT-00955
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/hind-motors-india-ltd-cp-ib-no-06-chd-2017-c1018837

## Summary

### Background

The case involves an application to initiate corporate insolvency resolution process for M/s Hind Motors India Ltd. under the Insolvency and Bankruptcy Code, 2016. The application was filed by the Corporate Debtor itself under Section 10 of the IBC.

## Facts

M/s Hind Motors India Ltd., located in Chandigarh, filed an application under Section 10 of the Insolvency and Bankruptcy Code, 2016, to initiate corporate insolvency resolution process. The company is the 'Corporate Debtor'. The application was filed in statutory form No.6 as prescribed by sub-rule (1) of rule 7 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016. The Tribunal considered the application and decided to admit the petition.

## Issues and analysis

### Issue 1: Whether the application filed by M/s Hind Motors India Ltd. under Section 10 of the Insolvency and …

**Ratio:** Section 10 of the Insolvency and Bankruptcy Code, 2016, allows a corporate debtor to

…

**Reasoning:** The Tribunal considered the application and supporting documents and found it appropriate

…

**Interpretation:** Section 10 provides the mechanism for a corporate debtor to voluntarily

…

**Application:** The ratio and reasoning are applied to the specific facts of M/s Hind Motors

…

## Parties

- **Judges:** R.P.Nag…; Deepa Kr…; +1 more
- **Respondents:** M/s Hind Motors…

## Timeline

- **2017-03-09 — Order Da…**: Order issued by the National Company Law Tribunal, Chandigarh Bench, admitting the…

---

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/hind-motors-india-ltd-cp-ib-no-06-chd-2017-c1018837