# In the matter of Makro Cast Pvt. Ltd. CP (IB) No. 224-9-AMR-2019

> NCLT judgment dated 2019-12-20. Citation: TCN-2019-NCLT-00030. The case involves a petition against Macro Cast Pvt Ltd. An earlier order dated 13.12.2019 in…

- **Court:** NCLT
- **Order date:** 20 Dec 2019
- **Citation:** TCN-2019-NCLT-00030
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/makro-cast-pvt-ltd-cp-ib-no-224-9-amr-2019-dcc7a35f

## Summary

### Background

The case involves a petition against Macro Cast Pvt Ltd. An earlier order dated 13.12.2019 in CP (IB) No. 165/9/AMR/2019 against the same Corporate Debtor had already admitted a petition and ordered the initiation of CIRP of the Respondent.

## Facts

The key facts are as follows: A petition was filed against Macro Cast Pvt Ltd. An order dated 13.12.2019 in CP (IB) No. 165/9/AMR/2019 had already admitted a petition against the same Corporate Debtor and initiated CIRP. The present case is related to the same Corporate Debtor. The petitioner is now directed to approach the IRP appointed in the earlier CIRP proceedings. The relevance of these facts lies in the context of ongoing CIRP proceedings and the need to avoid redundant actions.

## Issues and analysis

### Issue 1: Whether any further orders for CIRP are required in the present case, given the existing CIRP …

**Ratio:** The principle of avoiding redundant legal processes and ensuring efficient resolution of

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**Reasoning:** The court reasoned that since CIRP has already been initiated against the Corporate

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**Interpretation:** The interpretation is that once CIRP is initiated, subsequent petitions related

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**Application:** The ratio and reasoning are applied to the specific facts by directing the

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## Parties

- **Judges:** Janab Mohammed…
- **Appellants:** Usha Enter…
- **Respondents:** Macro Cast…

## Timeline

- **2019-12-20 — Hearing…**: Hearing held on…
- **2019-12-13 — Previous…**: Order dated 13.12.2019 in CP (IB) No. 165/9/AMR/2019 admitted petition and ordered…

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