# In the matter of Ppagro India Pvt. Ltd. IA No. 76-JPR-2022 in CP No. (IB)- 06-10-JPR-2022

> NCLT judgment dated 2022-03-10. Citation: TCN-2022-NCLT-03818. The case involves Ppagro India Pvt. Ltd. as the applicant. The matter was listed before the…

- **Court:** NCLT
- **Order date:** 10 Mar 2022
- **Citation:** TCN-2022-NCLT-03818
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/ppagro-india-pvt-ltd-ia-no-76-jpr-2022-in-cp-no-ib-06-10-jpr-2022-779b8647

## Summary

### Background

The case involves Ppagro India Pvt. Ltd. as the applicant. The matter was listed before the National Company Law Tribunal (NCLT), Jaipur Bench. Due to a lack of time, the matter could not be taken up.

## Facts

Ppagro India Pvt. Ltd. filed an application (IA No. 76/JPR/2022) under Section 10 of the Insolvency and Bankruptcy Code, 2016 (CP No. (IB)- 06/10/JPR/2022) before the NCLT Jaipur Bench. The case was listed for hearing, but due to paucity of time, the matter could not be taken up and was adjourned to 13.04.2022.

## Issues and analysis

### Issue 1: Whether the application filed by Ppagro India Pvt. Ltd. under Section 10 of the IBC, 2016 can be …

**Ratio:** Courts have the discretion to adjourn matters based on time constraints and the efficient

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**Reasoning:** The court explicitly stated that due to a lack of time, the matter could not be taken up.

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**Interpretation:** This highlights the court's inherent power to manage its docket and prioritize

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**Application:** In this specific instance, the court applied its discretion to adjourn the

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## Parties

- **Judges:** Prabhu Daya…
- **Respondents:** PPagro India Pvt.…

## Timeline

- **2022-03-10 — Order Da…**: Order issued adjourning…
- **2022-04-13 — Next Hearin…**: The matter is posted to…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 10 — Initiation of corporate insolvency resolution…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-10)

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