Mr. Avnish Anand filed an application against M/S JC World Hospitality Private Limited under Section 7 of the Insolvency & Bankruptcy Code. A Corporate Insolvency Resolution Process (CIRP) had already been admitted against M/S JC World Hospitality Private Limited under C.P. No. (IB)-256(ND)/2019 on 13.12.2019, and the process was ongoing. The court noted that two CIRP orders cannot be passed against the same corporate debtor. The applicant was permitted to file its claim before the Interim Resolution Professional (IRP) in the existing CIRP. The applicant was granted liberty to file an application for revival if the initial order is set aside by the National Company Law Appellate Tribunal or by a Superior Court.

Mr. Avnish Anand filed an application against M/S JC World Hospitality Private Limited under Section 7 of the Insolvency & Bankruptcy Code. A Corporate Insolvency Resolution Process (CIRP) had already been admitted against M/S JC World Hospitality Private Limited under C.P. No. (IB)-256(ND)/2019 on 13.12.2019, and the process was ongoing. The court noted that two CIRP orders cannot be passed against the same corporate debtor. The applicant was permitted to file its claim before the Interim Resolution Professional (IRP) in the existing CIRP. The applicant was granted liberty to file an application for revival if the initial order is set aside by the National Company Law Appellate Tribunal or by a Superior Court.