# In the matter of GRJ Distributors & Developers Private Limited IA-5701,5702,5703 & 5704-2021 in IB-1066(ND)-2020

> NCLT judgment dated 2022-05-09. Citation: TCN-2022-NCLT-02813. The case involves IA-5701/2021, IA-5702/2021, IA-5703/2021, and IA-5704/2021 in…

- **Court:** NCLT
- **Order date:** 9 May 2022
- **Citation:** TCN-2022-NCLT-02813
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/grj-distributors-developers-private-limited-ia-570157025703-5704-2021-in-ib-1066-caa16ba1

## Summary

### Background

The case involves IA-5701/2021, IA-5702/2021, IA-5703/2021, and IA-5704/2021 in IB-1066(ND)/2020 under Section 7 of the IBC code 2016. The applicant/petitioner is Devinder Yadav & Ors., and the respondent is GRJ Distributors and Developers Private Limited. The counsels for the applicant/financial creditor and the corporate debtor were present, and arguments were concluded.

## Facts

Devinder Yadav & Ors. filed an application/petition against GRJ Distributors and Developers Private Limited. The case is related to Section 7 of the IBC code 2016, and the matter was heard in the National Company Law Tribunal, New Delhi. Counsels for both the applicant/financial creditor and the corporate debtor were present and concluded their arguments. The court directed both counsels to file written synopses of their arguments.

## Parties

- **Judges:** BACHU VENKAT…; NARNEDER KUMAR…
- **Appellants:** Devinder Yadav &…
- **Respondents:** GRJ Distributors…

## Timeline

- **2022-05-09 — Order Del…**: The order was delivered…

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