# In the matter of Tangnu Romai Power Generation Pvt. Ltd. CP(IB) No. 109-9-HDB-2019

> NCLT judgment dated 2019-08-30. Citation: TCN-2019-NCLT-01650. The operational creditor, Andritz Hydro Private Limited, filed a petition under Section 9 of…

- **Court:** NCLT
- **Order date:** 30 Aug 2019
- **Citation:** TCN-2019-NCLT-01650
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/tangnu-romai-power-generation-pvt-ltd-cpib-no-109-9-hdb-2019-5f7811b8

## Summary

### Background

The operational creditor, Andritz Hydro Private Limited, filed a petition under Section 9 of the Insolvency and Bankruptcy Code (IBC) against the corporate debtor, Tangnu Romai Power Generation Private Limited, alleging default of operational debt. The pleadings were completed, and the main petition was listed for hearing.

## Facts

Andritz Hydro Private Limited, the operational creditor, initiated proceedings under Section 9 of the IBC against Tangnu Romai Power Generation Private Limited, the corporate debtor, alleging a default in operational debt. The registered office of Tangnu Romai Power Generation Private Limited is located in Shimla, Himachal Pradesh. The NCLT Hyderabad Bench was hearing the matter. Both counsels informed the Tribunal that the registered office of the Corporate Debtor is in Shimla, which falls outside the jurisdiction of the Hyderabad NCLT. The petition had not yet been admitted.

## Issues and analysis

### Issue 1: Whether the NCLT Hyderabad Bench has the jurisdiction to entertain a petition against a corporate …

**Ratio:** Section 60(1) of the Insolvency and Bankruptcy Code (IBC) stipulates that the NCLT has

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**Reasoning:** The Tribunal reasoned that since the registered office of the corporate debtor, Tangnu

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**Interpretation:** Section 60(1) of the IBC clearly defines the jurisdictional boundaries of the

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**Application:** In this case, the registered office of Tangnu Romai Power Generation Private

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## Parties

- **Judges:** Ratakonda…; Narender Kumar…
- **Appellants:** Andritz Hydro…
- **Respondents:** Tangnu Romai…

## Timeline

- **2019-08-22 — Hearing…**: Counsel for Operational Creditor and Counsel for Corporate Debtor brought to the notice…
- **2019-08-30 — Order Da…**: Orders passed vide separate orders. Memo is allowed. Operational creditor is permitted to…

## 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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