# In the matter of Jaipur Scientific Agriculture Solutions Pvt. Ltd. CP No. (IB)- 210-9-JPR-2019

> Read the full IBC case summary for In the matter of Jaipur Scientific Agriculture Solutions Pvt. Ltd. CP No. (IB)- 210-9-JPR-2019. NCLT judgment dated…

- **Court:** NCLT
- **Order date:** 23 May 2022
- **Citation:** TCN-2022-NCLT-04790
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/jaipur-scientific-agriculture-solutions-pvt-ltd-cp-no-ib-210-9-jpr-2019-26a0d254

## Summary

### Background

The operational creditor filed an application under Section 9 of the IBC, 2016, seeking to initiate the Corporate Insolvency Resolution Process (CIRP) against the corporate debtor. However, it was found that the corporate debtor was already undergoing CIRP in another case.

## Facts

Mr. Kuldeep Kumar Harshwal, the operational creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) against Jaipur Scientific Agriculture Solution Pvt. Ltd., the corporate debtor. The petition sought to initiate the Corporate Insolvency Resolution Process (CIRP) against the corporate debtor due to an alleged default.

During the proceedings, the learned counsel for the operational creditor informed the National Company Law Tribunal (NCLT) that the corporate debtor was already undergoing CIRP in another case, specifically CP No. (IB)- 213/9/JPR/2019, titled Mr. Sohan Lal Vs. Jaipur Scientific Agriculture Solution Pvt. Ltd. This revelation indicated that insolvency proceedings were already in motion against the same corporate entity.

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## Issues and analysis

### Issue 1: Whether a fresh application for initiating CIRP can be entertained against a corporate debtor that…

**Ratio:** When a corporate debtor is already undergoing CIRP, a new application for CIRP by another…

**Reasoning:** The NCLT recognized that the corporate debtor was already subject to an ongoing CIRP.…

**Interpretation:** The NCLT interpreted the spirit of the IBC to consolidate claims against a…

**Application:** The NCLT directed the operational creditor to submit their claim to the IRP in…

## Parties

- **Judges:** Deep Mdra…; RaghuNa…; +2 more
- **Advocates:** For the Operationa…

## Timeline

- **May 23, 2022 — Order Is…**: The National Company Law Tribunal, Jaipur Bench, issued an order in CP No.…

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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/jaipur-scientific-agriculture-solutions-pvt-ltd-cp-no-ib-210-9-jpr-2019-26a0d254
