Enviiro Buildmate Pvt. Ltd. filed a company petition under Section 9 of the Insolvency & Bankruptcy Code, 2016 against Lavasa Corporation Ltd. A winding-up petition, CP 501/2016, was already pending before the High Court of Bombay, initiated by the same petitioner, based on the same claim. The Central Government had issued notifications on 15.12.2016 and 29.6.2017, which saved proceedings pending before the High Court. The petitioner then filed another petition before the NCLT under the IB Code on the same claim. The key fact is the existence of the prior pending case in the High Court and the notifications protecting those proceedings.

Enviiro Buildmate Pvt. Ltd. filed a company petition under Section 9 of the Insolvency & Bankruptcy Code, 2016 against Lavasa Corporation Ltd. A winding-up petition, CP 501/2016, was already pending before the High Court of Bombay, initiated by the same petitioner, based on the same claim. The Central Government had issued notifications on 15.12.2016 and 29.6.2017, which saved proceedings pending before the High Court. The petitioner then filed another petition before the NCLT under the IB Code on the same claim. The key fact is the existence of the prior pending case in the High Court and the notifications protecting those proceedings.