# In the matter of Wianxx Impex Pvt. Ltd. (IB)-975(ND)-2018

> NCLT judgment dated 2019-02-15. Citation: TCN-2019-NCLT-04837. The case involves a petition before the National Company Law Tribunal (NCLT), New Delhi Bench.…

- **Court:** NCLT
- **Order date:** 15 Feb 2019
- **Citation:** TCN-2019-NCLT-04837
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/wianxx-impex-pvt-ltd-ib-975nd-2018-6d4104ef

## Summary

### Background

The case involves a petition before the National Company Law Tribunal (NCLT), New Delhi Bench. The petitioner brought to the Tribunal's notice that an order passed by the Hon'ble NCLAT in CA (AT) Insolvency and Bankruptcy No. 83/2019, dated 30.01.2019, had set aside the order passed by the NCLT on 02.01.2019 and issued specific directions to the Tribunal.

## Facts

The petitioner brought to the notice of the Tribunal that the Hon'ble NCLAT in CA (AT) Insolvency and Bankruptcy No. 83/2019 dated 30.01.2019 passed an order. The order passed by the NCLAT set aside the order passed by the NCLT on 02.01.2019. The NCLAT also issued specific directions to the NCLT. The NCLT then closed the proceedings in the petition, taking into consideration the directions given by the NCLAT.

## Issues and analysis

### Issue 1: Whether the NCLT should close the proceedings in the petition in light of the order passed by the …

**Ratio:** When a superior court (NCLAT) sets aside an order of a lower court (NCLT) and issues

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**Reasoning:** The NCLT acknowledges the order passed by the Hon'ble NCLAT, which set aside the NCLT's

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**Interpretation:** The interpretation is that the NCLAT's order supersedes the NCLT's previous

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**Application:** The NCLT applies the ratio by closing the proceedings in the petition, as

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## Parties

- **Judges:** V.K. SUB…; R. VARADH…
- **Respondents:** Sapan Mohan Garg…; Wianxx Implex…
- **Advocates:** Varsha Ba…; Juhi Bham…

## Timeline

- **2019-01-02 — NCLT Ord…**: Order passed by the…
- **2019-01-30 — NCLAT Or…**: Hon'ble NCLAT passed an order in CA (AT) Insolvency and Bankruptcy No. 83/2019, setting…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 7 — Initiation of corporate insolvency resolution…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-7)

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