# In the matter of Oren Hydrocarbons Pvt. Ltd. CP-1502-IB-2018

> NCLT judgment dated 2019-08-01. Citation: TCN-2019-NCLT-02149. The case involves a petition under CP/1502/IB/2018. Counsels for both parties are present. The…

- **Court:** NCLT
- **Order date:** 1 Aug 2019
- **Citation:** TCN-2019-NCLT-02149
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/oren-hydrocarbons-pvt-ltd-cp-1502-ib-2018-99f0b90a

## Summary

### Background

The case involves a petition under CP/1502/IB/2018. Counsels for both parties are present. The court considers appointing Shri. Anant Merathia, Advocate, as Mediator to facilitate dispute resolution through mediation.

## Facts

The case CP/1502/IB/2018 was heard by the Chennai bench of the National Company Law Tribunal (NCLT). Both parties were represented by their counsels. The court considered the appointment of Shri. Anant Merathia as a mediator to help resolve the dispute between the parties. The parties are expected to pay the mediator's fee equally. The Corporate Debtor's counsel is required to obtain a certified copy of the order and send it to the mediator. Both parties are directed to assist the mediator by providing necessary documents and information. The mediator is required to submit a report by the first week of September 2019. The case is scheduled to be put up on 11.09.2019 at 10.30 A.M.

## Issues and analysis

### Issue 1: Whether Shri. Anant Merathia should be appointed as Mediator to facilitate the resolution of the …

**Ratio:** The court has the power to appoint a mediator to facilitate dispute resolution between

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**Reasoning:** The court considered the submissions of both sides and determined that appointing a

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**Interpretation:** The court interprets its powers under the relevant laws to include the

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**Application:** Based on the specific circumstances of the case and the submissions of both

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## Parties

- **Judges:** Ch. Mohd Sharief…; Anil Ku…
- **Respondents:** Oren Hydrocarbons…

## Timeline

- **2019-08-01 — Hearing…**: National Company Law Tribunal…
- **2019-09-01 — Mediator Report…**: The Mediator shall file the report by…

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