# In the matter of Gupta Marriage Halls Pvt. Ltd. IA-3588-2021 in IB-979(ND)-2019

> NCLT judgment dated 2022-03-02. Citation: TCN-2022-NCLT-03930. The case involves an application (IA-3588/2021) within an insolvency proceeding…

- **Court:** NCLT
- **Order date:** 2 Mar 2022
- **Citation:** TCN-2022-NCLT-03930
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/gupta-marriage-halls-pvt-ltd-ia-3588-2021-in-ib-979nd-2019-27c9f35c

## Summary

### Background

The case involves an application (IA-3588/2021) within an insolvency proceeding (IB-979(ND)/2019). The Tribunal had previously directed the Respondents to file a response to the IA within four weeks, but they failed to comply. The Respondents' counsel requested two weeks' additional time to comply, which was granted. The Tribunal warned that failure to file a reply within the extended time would result in forfeiture of the right to reply.

## Facts

Punjab National Bank initiated insolvency proceedings against M/s. Gupta Marriage Halls Pvt. Ltd. An Interlocutory Application (IA-3588/2021) was filed in the matter. The Tribunal had previously ordered the Respondents (M/s. Gupta Marriage Halls Pvt. Ltd.) to file a response to the IA within four weeks. The Respondents failed to comply with this order. The Respondents' counsel requested an extension of two weeks to comply. The Liquidator's counsel was present. The Tribunal granted the extension but warned that failure to comply within the extended time would result in forfeiture of the right to reply. The Respondents were also directed to provide all information/documents as already sought by the Liquidator in his request as mentioned in para 24 of the present

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## Issues and analysis

### Issue 1: Whether the Tribunal was justified in granting the Respondents an extension of time to file a …

**Ratio:** Tribunals have the inherent power to regulate their own procedure to ensure fairness and

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**Reasoning:** The Tribunal considered the request of the Respondents' counsel for an extension of time

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**Interpretation:** The grant of an extension of time is generally viewed as a procedural matter

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**Application:** In this case, the Tribunal applied its discretionary power to grant an

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## Parties

- **Judges:** BACHU VENKAT…; Narender Kumar…
- **Appellants:** Punjab National…
- **Respondents:** M/s. Gupta…
- **Advocates:** Abhishek…; Viren S…; +6 more

## Timeline

- **2021-08-18 — Previous Tribu…**: Respondents were directed to file their…
- **2022-03-02 — Order Da…**: Tribunal granted Respondents two weeks to comply with the order to file a response to the…

## 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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