# In the matter of Reliance Capital Ltd. IA 631,942,1838 & 2186-2022 in C.P.(IB)1231-MB-2021

> NCLT judgment dated 2023-01-09. Citation: TCN-2023-NCLT-05148. The case involves multiple Interlocutory Applications (IAs) related to the insolvency…

- **Court:** NCLT
- **Order date:** 9 Jan 2023
- **Citation:** TCN-2023-NCLT-05148
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/reliance-capital-ltd-ia-6319421838-2186-2022-in-cpib1231-mb-2021-9eefd8c5

## Summary

### Background

The case involves multiple Interlocutory Applications (IAs) related to the insolvency resolution of Reliance Capital Ltd. The IAs include IA 631/2022, IA 942/2022, IA 1838/2022, and IA 2186/2022. The Reserve Bank of India (RBI) is the applicant, and the case is being heard by the National Company Law Tribunal (NCLT), Mumbai Bench.

## Facts

The Reserve Bank of India (RBI) has initiated insolvency proceedings against Reliance Capital Ltd. Several Interlocutory Applications (IAs) have been filed, including IA 631/2022, IA 942/2022, IA 1838/2022, and IA 2186/2022. The court heard the counsels for the applicant in IA No. 2186 of 2022 and IA No. 942 of 2022. The matter is listed on Board for further hearing on 18.01.2023. The case is being heard by the National Company Law Tribunal (NCLT), Mumbai Bench. The relevant sections of the Insolvency and Bankruptcy Code, 2016 are Section 60(5) & 7.

## Parties

- **Judges:** SH. SHYAM BABU…; P.N. Des…
- **Appellants:** Reserve Bank of…
- **Respondents:** Reliance Capital…

## Timeline

- **2023-01-09 — Order Sheet of…**: The court heard the counsels for the…
- **2023-01-18 — Next Hearin…**: The matter is listed on Board for…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 60(5) — Adjudicating Authority for corporate persons](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-60)

---

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/reliance-capital-ltd-ia-6319421838-2186-2022-in-cpib1231-mb-2021-9eefd8c5