# In the matter of Reliance Communications Ltd. CP No. 1287-2017

> NCLT judgment dated 2017-09-25. Citation: TCN-2017-NCLT-00370. Manipal Technologies Limited filed a Company Petition under Section 9 of the Insolvency and…

- **Court:** NCLT
- **Order date:** 25 Sept 2017
- **Citation:** TCN-2017-NCLT-00370
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/reliance-communications-ltd-cp-no-1287-2017-93f81035

## Summary

### Background

Manipal Technologies Limited filed a Company Petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Reliance Communications Ltd., alleging that Reliance Communications defaulted in making repayment for goods worth ₹2,74,38,265/- availed from Manipal Technologies. The petitioner initiated the Insolvency Resolution Process against the Corporate Debtor.

## Facts

Manipal Technologies Limited (the Petitioner) filed a petition against Reliance Communications Ltd. (the Corporate Debtor) under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Petitioner claimed that the Corporate Debtor defaulted in making repayment for goods worth ₹2,74,38,265/-. The invoices for the goods were raised against Hewlett Packard Financial Services India Pvt. Ltd., not directly against Reliance Communications Ltd. The Petitioner argued that the transaction occurred between them and the Corporate Debtor, providing purchase orders and bank statements as evidence. The Corporate Debtor contended that since the invoices were raised against Hewlett Packard Financial Services India Pvt. Ltd., they had no obligation to pay. The court noted that the

…

## Issues and analysis

### Issue 1: Whether the petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 is maintainable …

**Ratio:** A cause of action under Section 8 of the Insolvency and Bankruptcy Code, 2016 arises only

…

**Reasoning:** The court reasoned that the invoices were raised against Hewlett Packard Financial

…

**Interpretation:** Section 8 of the IBC requires a direct debtor-creditor relationship based on

…

**Application:** Since the invoices were raised against Hewlett Packard Financial Services India

…

## Parties

- **Judges:** B.S.V. Prakash…; V. Nallasen…
- **Appellants:** Manipal Technologi…
- **Respondents:** Reliance Communica…

## Timeline

- **2016-01-01 — Enactment…**: The Insolvency and Bankruptcy…
- **2016-10-19 — Purchase Order by…**: The Petitioner filed purchase…

## 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)

---

This is a preview. The full structured summary, issues, precedents and source judgment are available on CaseEase - Legal Intelligence Simplified: https://caseease.in/cases/ibc/nclt-chandigarh/reliance-communications-ltd-cp-no-1287-2017-93f81035