# In the matter of Satyam Drugs Pvt. Ltd. IA No.-4699,4740-2020 in IB-1177-ND-2019

> NCLT judgment dated 2020-11-03. Citation: TCN-2020-NCLT-00305. The case involves an application filed for urgent listing of IA No. 4740/2020, which has become…

- **Court:** NCLT
- **Order date:** 3 Nov 2020
- **Citation:** TCN-2020-NCLT-00305
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/satyam-drugs-pvt-ltd-ia-no-46994740-2020-in-ib-1177-nd-2019-0faf1beb

## Summary

### Background

The case involves an application filed for urgent listing of IA No. 4740/2020, which has become infructuous as IA No. 4740/2020 is already listed for consideration. The application under consideration is filed by the IRP under Section 12(A) seeking withdrawal of IB-1177/ND/2019. The Operational Creditor, Corporate Debtor, and Resolution Professional appeared and confirmed the settlement. Form-"FA" is filed, and approval of the CoC is annexed.

## Facts

Health Care At Home India Pvt. Ltd. filed an application/petition against Satyam Druge Pvt. Ltd. An application was filed for urgent listing of IA No. 4740/2020. The IRP filed an application under Section 12(A) seeking withdrawal of IB-1177/ND/2019. The Operational Creditor, Corporate Debtor, and Mr. Sanju Kumar, the Resolution Professional, appeared and confirmed the settlement. Form-"FA" was filed, and approval of the CoC was annexed. Mr. Sanju Kumar stated that he has received CIRP cost and fees and nothing is due. Any documents/assets received from the Corporate Debtor are to be handed over to the Corporate Debtor within five days from the order. The IRP is discharged.

## Issues and analysis

### Issue 1: Whether the application for urgent listing …

**Ratio:** An application becomes infructuous if the matter it pertains to is already listed for

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**Reasoning:** The court noted that IA No. 4740/2020 was already listed for consideration. Therefore,

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**Interpretation:** This demonstrates the principle that courts avoid redundant actions. If a

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**Application:** Since IA No. 4740/2020 was already listed, the application for its urgent

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## Parties

- **Judges:** DEEPTI M…; Narender Kumar…
- **Appellants:** Health Care At…
- **Respondents:** Satyam Druge Pvt.…

## Timeline

- **2020-11-03 — Order Del…**: Order delivered on 03.11.2020 regarding the…

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