# In the matter of Anjani Realtors Pvt. Ltd. IA-968-ND-2022 in IB-561-ND-2018

> NCLT judgment dated 2022-06-09. Citation: TCN-2022-NCLT-02315. The matter involves a challenge to the admission order before the NCLT. The parties are…

- **Court:** NCLT
- **Order date:** 9 Jun 2022
- **Citation:** TCN-2022-NCLT-02315
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/anjani-realtors-pvt-ltd-ia-968-nd-2022-in-ib-561-nd-2018-c3db83d4

## Summary

### Background

The matter involves a challenge to the admission order before the NCLT. The parties are attempting to settle the matter, which involves an Operational Creditor and a Corporate Debtor. The application is pending since 2018.

## Facts

Indarprashtha Buildtech Pvt Ltd filed an application against M/s Anjani Realtors Pvt Ltd. The admission order has been challenged before the NCLT, and the matter is likely to be settled between the parties, including the Operational Creditor and Corporate Debtor. Respondents 1 to 4 are not cooperating with the IRP. The CoC has been stayed by the NCLT. The matter is pending since 2018.

## Issues and analysis

### Issue 1: Whether the admission order should be upheld …

**Ratio:** The principle of natural justice requires a fair hearing and consideration of all

…

**Reasoning:** The court acknowledges the challenge to the admission order and the potential for

…

**Interpretation:** The legal issue revolves around the validity of the admission order in light of

…

**Application:** The court's decision to fix the matter for arguments suggests that it will

…

## Parties

- **Judges:** DHARMINDER…; SUMITAPURKA…
- **Appellants:** Indarprashtha…
- **Respondents:** M/s Anjani…

## Timeline

- **2022-06-09 — Order Del…**: Order was delivered on…
- **2022-07-16 — Appearance be…**: Respondents 1 to 4 are directed 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)

---

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-division-bench-court-i-chenn/anjani-realtors-pvt-ltd-ia-968-nd-2022-in-ib-561-nd-2018-c3db83d4