# In the matter of Regen Powertech Pvt. Ltd. IAs. in IBA-1099-2019

> NCLT judgment dated 2022-06-20. Citation: TCN-2022-NCLT-02151. The document pertains to a series of Interlocutory Applications (IAs) filed in connection with…

- **Court:** NCLT
- **Order date:** 20 Jun 2022
- **Citation:** TCN-2022-NCLT-02151
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/regen-powertech-pvt-ltd-ias-in-iba-1099-2019-6f1b7414

## Summary

### Background

The document pertains to a series of Interlocutory Applications (IAs) filed in connection with an insolvency case (IBA/1099/2019) involving Regen Powertech Pvt Ltd. The applications cover a range of issues, including procedural matters, requests for directions, and disputes related to the Corporate Debtor's assets. The court is addressing multiple IAs simultaneously, issuing directions for filing written arguments and submissions, and scheduling physical hearings.

## Facts

Regen Powertech Pvt Ltd is undergoing insolvency proceedings under IBA/1099/2019. Several Interlocutory Applications (IAs) have been filed in connection with this case, addressing various issues. These include IA/412(CHE)2021, IA/489(CHE)/2021, IA/490(CHE)/2021, IA/491(CHE)/2021, MA/40/2020, IA/452/2020, IA/918/IB/2020, IA/970/IB/2020, IA/987/IB/2020, IA/969/IB/2020, IA/1147/IB/2020, IA/477(CHE)/2021, IA/488(CHE)/2021, IA/590(CHE)2021, IA(IBC)/1249/CHE/2021, IA(IBC)/55/CHE/2022 and IA(IBC)/162/CHE/2022. The court is hearing these applications and issuing directions to the parties involved. One key issue involves the release of generators kept in the premises of the Corporate Debtor for repair and return. Another issue concerns the delay in the repair and return of

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## Issues and analysis

### Issue 1: Whether the parties should be directed to submit written arguments and case laws in support of …

**Ratio:** The principle of natural justice requires that all parties be given a fair opportunity to

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**Reasoning:** The court directed both sides to submit written arguments and case laws to ensure that

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**Interpretation:** This direction ensures that the court has a comprehensive understanding of the

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**Application:** The direction applies to multiple IAs, ensuring that all parties have the

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## Parties

- **Judges:** S. Ramath…; B. Anil…
- **Appellants:** B. Thilak…
- **Respondents:** REGEN POWERTECH…; A.G. Sathyanarayan…

## Timeline

- **2022-06-20 — Hearing…**: The hearing was held on…
- **2022-06-23 — Deadline for Memorandum of Appearance and…**: Counsel for R1 is directed to file Memorandum…

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