# In the matter of Eicher Polaris Pvt. Ltd.

> NCLT judgment dated 2024-01-18. Citation: TCN-2024-NCLT-03005. The matter pertains to Eicher Polaris Pvt. Ltd. The case is pending before the Hon'ble NCLAT,…

- **Court:** NCLT
- **Order date:** 18 Jan 2024
- **Citation:** TCN-2024-NCLT-03005
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/eicher-polaris-pvt-ltd-576ad39d

## Summary

### Background

The matter pertains to Eicher Polaris Pvt. Ltd. The case is pending before the Hon'ble NCLAT, with details in an order dated 30.11.2023. The next hearing date is scheduled for 09.02.2024.

## Facts

The matter involves Eicher Polaris Pvt. Ltd. The case is currently pending before the Hon'ble NCLAT, with details available in an order dated 30.11.2023. The next hearing was scheduled for 09.02.2024. The counsel for the petitioner, Mr. Sumant Batra, requested an adjournment, citing the ongoing proceedings at the NCLAT and previous orders. The court considered this request and decided to adjourn the matter to 22.02.2024.

## Issues and analysis

### Issue 1: Whether the matter should be adjourned given that it is pending before the Hon'ble NCLAT and in …

**Ratio:** A court may grant an adjournment if the matter is pending before a higher appellate body

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**Reasoning:** The court reasoned that since the matter was already pending before the Hon'ble NCLAT and

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**Interpretation:** This legal issue involves the interpretation of procedural fairness and

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**Application:** The ratio and reasoning were applied to the specific facts of the case, where

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## Parties

- **Judges:** MAHENDRA KHANDELWA…; Sanjeev R…
- **Respondents:** Eicher Polaris…
- **Advocates:** Sumant…; Varun K…; +4 more

## Timeline

- **2023-11-30 — Previous Ord…**: Details of the matter are…
- **2024-02-09 — Next Hearing Date…**: The next date of hearing was…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 59 — Voluntary liquidation of corporate persons](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-59)

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