# In the matter of Suntech Ceramics Private Limited

> Read the full IBC case summary for In the matter of Suntech Ceramics Private Limited. NCLT judgment dated 2025-07-30. Citation: TCN-2025-NCLT-01198.

- **Court:** NCLT
- **Order date:** 30 Jul 2025
- **Citation:** TCN-2025-NCLT-01198
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/suntech-ceramics-private-limited-72ffdec5

## Summary

### Background

The application was filed seeking withdrawal of ongoing voluntary liquidation proceedings and reinstatement of the company's status.

## Facts

Suntech Ceramics Private Limited filed an application, IA/3653/ND/2025, before the National Company Law Tribunal, New Delhi, Court-IV. The application sought several prayers, including allowing the application itself, passing an order for the withdrawal of ongoing voluntary liquidation proceedings, and reinstating the status of the company as it existed before the voluntary liquidation commencement date.

The voluntary liquidation proceedings were initiated under Section 59 of the Insolvency and Bankruptcy Code, 2016 (IBC, 2016) and were pending before the NCLT, New Delhi, under case number IB-174/ND/2025. The applicant also requested any other necessary orders or directions the Tribunal deemed fit and proper.

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## Issues and analysis

### Issue 1: Whether the application for withdrawal of voluntary liquidation proceedings and reinstatement of…

**Ratio:** The application for withdrawal of voluntary liquidation proceedings and reinstatement of…

**Reasoning:** The Adjudicating Authority considered the facts and circumstances of the application,…

**Interpretation:** The court interpreted the provisions of Section 59 of IBC, 2016, to permit the…

**Application:** Based on the averments in the application, the Adjudicating Authority found…

## Parties

- **Judges:** MANNI SANKARIAH…; ATUL CHAT…
- **Advocates:** For the Liquidator…

## Timeline

- **July 30, 2025 — Order Del…**: The National Company Law Tribunal, New Delhi, Court-IV, delivered the order in…

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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/suntech-ceramics-private-limited-72ffdec5
