# In the matter of Simplex Infrastructures Limited CP (IB) No. 263-KB-2021

> NCLT judgment dated 2021-10-27. Citation: TCN-2021-NCLT-00689. The application was filed under section 9 of the Insolvency and Bankruptcy Code for a sum of…

- **Court:** NCLT
- **Order date:** 27 Oct 2021
- **Citation:** TCN-2021-NCLT-00689
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/simplex-infrastructures-limited-cp-ib-no-263-kb-2021-48f63f3b

## Summary

### Background

The application was filed under section 9 of the Insolvency and Bankruptcy Code for a sum of Rs. 1,92,015, including a principal sum of Rs. 98,896 and interest of Rs. 93,119 at 24% p.a.

## Facts

Magicrete Building Solutions Private Limited filed an application under Section 9 of the Insolvency and Bankruptcy Code against Simplex Infrastructures Limited, claiming a total amount of Rs. 1,92,015, which included a principal sum of Rs. 98,896 and interest of Rs. 93,119 at 24% per annum. The NCLT's jurisdiction was enlarged from Rs. 1.00 lakh to Rs. 1.00 crore vide notification dated 24.03.2020. The application was dismissed for want of jurisdiction.

## Issues and analysis

### Issue 1: Whether the NCLT has jurisdiction to entertain the application filed under Section 9 of the …

**Ratio:** The jurisdiction of a court or tribunal is determined by the relevant statutes and

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**Reasoning:** The notification dated 24.03.2020 enlarged the jurisdiction of the NCLT. The claim amount

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**Interpretation:** The notification dated 24.03.2020 expanded the NCLT's jurisdiction to cases

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**Application:** The application filed by Magicrete Building Solutions Private Limited claimed

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## Parties

- **Judges:** Sucharit…; Balraj…
- **Appellants:** MAGICRETE…
- **Respondents:** SIMPLEX INFRASTRUC…

## Timeline

- **N/A — Application…**: Magicrete Building Solutions Private Limited filed an application under Section 9 of the…
- **2020-03-24 — Jurisdiction En…**: Notification dated 24.03.2020 enlarged the jurisdiction of NCLT from Rs. 1.00 lakh to Rs.…

## 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)

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