# In the matter of Ferrous Township Pvt.  Ltd. (IB)-180-ND-2021

> NCLT judgment dated 2022-07-22. Citation: TCN-2022-NCLT-01590. The case pertains to an application filed under Section 7 of the Insolvency and Bankruptcy Code…

- **Court:** NCLT
- **Order date:** 22 Jul 2022
- **Citation:** TCN-2022-NCLT-01590
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/ferrous-township-pvt-ltd-ib-180-nd-2021-18e9b034

## Summary

### Background

The case pertains to an application filed under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The applicant, Satya Narain Garg & Ors., initiated proceedings against the respondent, M/s. Ferrous Townships Pvt Ltd. for an unspecified reason. Despite repeated calls and previous hearing dates, the applicant failed to appear before the National Company Law Tribunal (NCLT), New Delhi Bench.

## Facts

Satya Narain Garg & Ors. filed a petition against M/s. Ferrous Townships Pvt Ltd. under Section 7 of the IBC, 2016. The case was heard by the National Company Law Tribunal (NCLT), New Delhi Bench. The applicant, Satya Narain Garg & Ors., failed to appear for the hearing despite repeated calls. The applicant was also absent on previous hearing dates, specifically on 2022-04-25 and 2022-05-27. The court interpreted the applicant's absence as a lack of interest in pursuing the matter. Consequently, the court dismissed the petition for want of prosecution.

## Issues and analysis

### Issue 1: Whether the petition should be dismissed due to the applicant's absence and failure to prosecute …

**Ratio:** A case can be dismissed for want of prosecution if the applicant fails to appear before

…

**Reasoning:** The court reasoned that the applicant's repeated absence, even after multiple scheduled

…

**Interpretation:** The interpretation is that an applicant's consistent absence from court

…

**Application:** In this specific case, the applicant's absence on multiple occasions, including

…

## Parties

- **Judges:** SHRI. DHARMINDER…; Shri. L. N.…
- **Appellants:** Satya Narain Garg…
- **Respondents:** M/s. Ferrous…
- **Advocates:** Pulkit Ma…

## Timeline

- **2022-04-25 — Previous Hear…**: The applicant was absent…
- **2022-05-27 — Previous Hear…**: The applicant was absent…

## 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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