# In the matter of Justclick Travels Pvt. Ltd. (IB)-1072(ND)2019

> NCLT judgment dated 2019-07-02. Citation: TCN-2019-NCLT-02715. The case involves an application under Section 9 of the Insolvency and Bankruptcy Code (IBC).…

- **Court:** NCLT
- **Order date:** 2 Jul 2019
- **Citation:** TCN-2019-NCLT-02715
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/justclick-travels-pvt-ltd-ib-1072nd2019-b0aa9f8f

## Summary

### Background

The case involves an application under Section 9 of the Insolvency and Bankruptcy Code (IBC). The applicant is Success Guru Consultancy Services, and the respondent is Justclick Travels Pvt Ltd. The matter was brought before the National Company Law Tribunal (NCLT), New Delhi.

## Facts

Success Guru Consultancy Services filed an application against Justclick Travels Pvt Ltd under Section 9 of the IBC. The parties subsequently settled the matter, with the applicant receiving the claim amount. The applicant then instructed their counsel, Mr. Palash Mittal, to apply for withdrawal of the application. The NCLT considered the settlement and the request for withdrawal.

## Issues and analysis

### Issue 1: Whether the application filed under Section 9 of the IBC can be withdrawn following a settlement …

**Ratio:** An application under Section 9 of the IBC can be withdrawn if the parties have settled

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**Reasoning:** The court acknowledged the settlement between the parties and the applicant's request for

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**Interpretation:** The interpretation is that the IBC allows for withdrawal of applications if a

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**Application:** In this case, the applicant and respondent settled the matter, and the

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## Parties

- **Judges:** DEEPTI M…; Pradeep R.…
- **Appellants:** Success Guru…
- **Respondents:** Justclick Travels…

## Timeline

- **N/A — Application…**: Success Guru Consultancy Services filed an application against Justclick Travels Pvt Ltd…
- **2019-07-02 — Order Del…**: The NCLT allowed the withdrawal of the…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 9 — Application for initiation of corporate insolvency…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-9)

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