# In the matter of ITD Technologies and Marketing Pvt. Ltd.

> NCLT judgment dated 2023-08-23. Citation: TCN-2023-NCLT-01952. The case pertains to a Section 9 application under the Insolvency and Bankruptcy Code, 2016,…

- **Court:** NCLT
- **Order date:** 23 Aug 2023
- **Citation:** TCN-2023-NCLT-01952
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/itd-technologies-and-marketing-pvt-ltd-3961576a

## Summary

### Background

The case pertains to a Section 9 application under the Insolvency and Bankruptcy Code, 2016, filed before the National Company Law Tribunal (NCLT), Mumbai Bench. The Operational Creditor's (OC) counsel has relinquished Vakalatnama and seeks discharge from obligations. The OC is reportedly untraceable.

## Facts

Shahid Ansari filed a Section 9 application under the Insolvency and Bankruptcy Code, 2016 against ITD Technologies & Marketing Pvt Ltd. The counsel for the Operational Creditor (Shahid Ansari) relinquished Vakalatnama and sought to be discharged from his obligations. The Operational Creditor is reportedly untraceable. The NCLT, Mumbai Bench, considered these circumstances.

## Issues and analysis

### Issue 1: Whether the application under Section 9 of the Insolvency and Bankruptcy Code, 2016 can be …

**Ratio:** An application cannot be effectively prosecuted if the representing counsel withdraws and

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**Reasoning:** The court reasoned that without representation or the presence of the Operational

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**Interpretation:** This highlights the importance of continuous representation and the

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**Application:** Given that the OC's counsel withdrew and the OC was untraceable, the court

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## Parties

- **Judges:** SHRI. K R SAJI…; SHRI. SANJI…
- **Appellants:** Shahid A…
- **Respondents:** ITD Technologies…

## Timeline

- **2023-08-23 — Order Da…**: Order sheet of the hearing of Mumbai Bench…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 9 — Application for initiation of corporate insolvency…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-9)

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