# In the matter of IDBI Bank Vs. Suman Goel, CP (IB) No. 113/Chd/Hry/2022

> NCLT judgment dated 2022-07-01. Citation: TCN-2022-NCLT-01929. The case pertains to CP (IB) No. 113/Chd/Hry/2022 before the National Company Law Tribunal,…

- **Court:** NCLT
- **Order date:** 1 Jul 2022
- **Citation:** TCN-2022-NCLT-01929
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/idbi-bank-vs-suman-goel-cp-9ce42faf

## Summary

### Background

The case pertains to CP (IB) No. 113/Chd/Hry/2022 before the National Company Law Tribunal, Chandigarh Bench. The matter involves IDBI Bank as the petitioner and Suman Goel, PG, Infra Engineering Ltd. as the respondent. The hearing is conducted through a web-based video conferencing platform.

## Facts

IDBI Bank has filed a petition against Suman Goel, PG, Infra Engineering Ltd. before the National Company Law Tribunal (NCLT), Chandigarh Bench. The case is CP (IB) No. 113/Chd/Hry/2022. Mr. Kapil Dev Taneja's credentials have been verified by the Registry, and no adverse remarks were found. As a result, he has been appointed as the Resolution Professional. He is required to comply with Section 99 and file his report before the next hearing. The respondent's counsel has requested time to file a counter, which must be submitted one week before the next hearing date. The case is listed for hearing on 2022-09-16.

## Issues and analysis

### Issue 1: Whether Mr. Kapil Dev Taneja should be …

**Ratio:** The ratio is that if the Registry's report on the credentials of a proposed Resolution

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**Reasoning:** The court reasoned that since the Registry's report on Mr. Kapil Dev Taneja's credentials

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**Interpretation:** This interprets the process of appointing a Resolution Professional,

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

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## Parties

- **Judges:** Satya Ranjan…; Harnam Singh…
- **Appellants:** IDBI…
- **Respondents:** Suman Goel, PG,…

## Timeline

- **2022-07-01 — Order Da…**: Order issued by the…
- **2022-09-16 — Next Hearin…**: The case is listed for the…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 95 — Application by creditor to initiate insolvency…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-95)

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