# In the matter of Weewinn Tex Processor (India) Pvt. Ltd. CP(IB)-34(CHE)-2021

> NCLT judgment dated 2021-07-20. Citation: TCN-2021-NCLT-01678. The case involves a petition CP(IB)/34(CHE)/2021 filed under Section 9 Rule 6 of IBC, 2016. The…

- **Court:** NCLT
- **Order date:** 20 Jul 2021
- **Citation:** TCN-2021-NCLT-01678
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/weewinn-tex-processor-india-pvt-ltd-cpib-34che-2021-34240379

## Summary

### Background

The case involves a petition CP(IB)/34(CHE)/2021 filed under Section 9 Rule 6 of IBC, 2016. The petitioner sought to withdraw the application because the Corporate Debtor was already under CIRP as per an order dated 22.03.2021.

## Facts

Gurjar Gravures Pvt Ltd filed a petition CP(IB)/34(CHE)/2021 against Weewinn Tex Processorr (India) Pvt Ltd under Section 9 Rule 6 of IBC, 2016. The petitioner, Gurjar Gravures Pvt Ltd, sought to withdraw the application because the respondent, Weewinn Tex Processorr (India) Pvt Ltd, was already under Corporate Insolvency Resolution Process (CIRP) as per an order dated 2021-03-22. The court granted permission to withdraw the application and allowed the petitioner to submit their claim to the Interim Resolution Professional (IRP) within five working days.

## Issues and analysis

### Issue 1: Whether the petitioner should be granted permission to withdraw the application CP(IB)/34(CHE)/2021 …

**Ratio:** When a corporate debtor is already undergoing CIRP, pursuing a separate application for

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**Reasoning:** The court reasoned that since the Corporate Debtor was already under CIRP based on a

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**Interpretation:** The interpretation of the IBC allows for the withdrawal of applications when

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**Application:** In this case, the court applied the principle by allowing the petitioner to

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## Parties

- **Judges:** R. Sucha…; B. Anil…
- **Appellants:** Gurjar Gravures…
- **Respondents:** Weewinn Tex…
- **Advocates:** E.K. Kuma…

## Timeline

- **2021-03-22 — Order for…**: Order stating the Corporate…
- **2021-07-20 — Hearing…**: Hearing of Chennai Bench, Chennai National Company Law Tribunal held at 2.30 P.M through…

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