# In the matter of Regen Infrastructure and Services Pvt. Ltd. IAs. in IBA-1424-2019

> NCLT judgment dated 2022-06-20. Citation: TCN-2022-NCLT-02149. The case pertains to multiple Interlocutory Applications (IAs) filed in connection with an…

- **Court:** NCLT
- **Order date:** 20 Jun 2022
- **Citation:** TCN-2022-NCLT-02149
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/regen-infrastructure-and-services-pvt-ltd-ias-in-iba-1424-2019-06007b25

## Summary

### Background

The case pertains to multiple Interlocutory Applications (IAs) filed in connection with an insolvency resolution process under IBA/1424/2019. The applications cover a range of issues and are being heard by the Chennai bench of the National Company Law Tribunal (NCLT). The case involves various parties represented by different legal counsels.

## Facts

The case involves a corporate insolvency resolution process under IBA/1424/2019, with M/s Regen Infrastructure and Services Pvt Ltd as the corporate debtor. Numerous Interlocutory Applications (IAs) have been filed, covering a range of issues under the Insolvency and Bankruptcy Code (IBC). The applications are being heard by the Chennai bench of the National Company Law Tribunal (NCLT). Various parties are represented by different legal counsels. The NCLAT's deferment of a scheme's implementation has impacted the scheduling of certain applications. The court has directed parties to file written submissions and has reserved its order.

## Issues and analysis

### Issue 1: Whether the various Interlocutory Applications (IAs) filed under IBA/1424/2019 should be allowed or …

**Ratio:** The decision on each IA depends on the specific facts and legal arguments presented in

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**Reasoning:** The court will consider the merits of each IA based on the evidence and arguments

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**Interpretation:** The interpretation of the IBC provisions relevant to each IA will be crucial in

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**Application:** The ratio and reasoning will be applied to the specific facts of each IA to

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## Parties

- **Judges:** (Retd.) SMT. S.…; B. Anil…
- **Respondents:** M/s Regen…
- **Advocates:** B. Dhan…; Mith…; +6 more

## Timeline

- **2022-06-20 — Hearing…**: Hearing held on…
- **2022-06-27 — Physical Hearing…**: Matter listed for…

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This is a preview. The full structured summary, issues, precedents and source judgment are available on CaseEase - Legal Intelligence Simplified: https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/regen-infrastructure-and-services-pvt-ltd-ias-in-iba-1424-2019-06007b25