# in the matter of Rao Edusolutions Private Limited

> NCLT judgment dated 2023-07-03. Citation: TCN-2023-NCLT-02720. The case pertains to a petition filed under Section 9 of the Insolvency and Bankruptcy Code,…

- **Court:** NCLT
- **Order date:** 3 Jul 2023
- **Citation:** TCN-2023-NCLT-02720
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/rao-edusolutions-private-limited-ae4363be

## Summary

### Background

The case pertains to a petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC). The petition was filed against the Corporate Debtor. The Court-V admitted another petition against the same Corporate Debtor on 03.07.2023.

## Facts

Vaibhav Agrwal filed a petition against Rao Edusolutions Private Limited under Section 9 of the IBC 2016. Court-V admitted another petition C.P. (IB)/627(MB)2020 against the same Corporate Debtor, Rao Edusolutions Private Limited, on 03.07.2023. As a result, the court deemed the present petition infructuous and dismissed it. The petitioner is allowed to file a claim before the IRP in the CIRP.

## Issues and analysis

### Issue 1: Whether the admission of another petition against the same Corporate Debtor renders the present …

**Ratio:** When another petition against the same Corporate Debtor has already been admitted,

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**Reasoning:** The court reasoned that since another petition against the Corporate Debtor had already

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**Interpretation:** The interpretation is that once a CIRP is initiated against a Corporate Debtor,

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**Application:** In this case, the admission of C.P. (IB)/627(MB)2020 against Rao Edusolutions

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## Parties

- **Judges:** ANURADHA SANJAY…; Kuldip Kumar…
- **Appellants:** Vaibhav A…
- **Respondents:** Rao Edusolutions…

## Timeline

- **2020-01-01 — C.P. (IB)/782(MB)/2020…**: The case C.P.…
- **2023-07-03 — Admission of C.P.…**: Court-V admitted C.P.…

## 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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