# In the matter of Rolta BI & Big Data Analytics Private Limited

> NCLT judgment dated 2023-10-13. Citation: TCN-2023-NCLT-01243. The case pertains to CP (IB)/1222(MB)2021 filed under Section 9 of the Insolvency and…

- **Court:** NCLT
- **Order date:** 13 Oct 2023
- **Citation:** TCN-2023-NCLT-01243
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/rolta-bi-big-data-analytics-private-limited-6bfef0e1

## Summary

### Background

The case pertains to CP (IB)/1222(MB)2021 filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Corporate Debtor was already admitted to CIRP in CP 1122 of 2021 vide order dated 13.10.2023.

## Facts

Tariq Farooqui filed a petition against Rolta Bi & Big DataAnalytics Private Limited under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Corporate Debtor, Rolta Bi & Big DataAnalytics Private Limited, had already been admitted into Corporate Insolvency Resolution Process (CIRP) under CP 1122 of 2021, by an order dated 13.10.2023. Because of this prior admission into CIRP, the court found the present petition, CP 1222 of 2021, to be infructuous.

## Issues and analysis

### Issue 1: Whether the present petition CP 1222 of 2021 should be disposed of as infructuous, given that the …

**Ratio:** A petition becomes infructuous when the underlying purpose or subject matter has already

…

**Reasoning:** The court reasoned that since the Corporate Debtor had already been admitted to CIRP

…

**Interpretation:** The interpretation is that once a Corporate Debtor is admitted into CIRP, any

…

**Application:** In this case, because Rolta Bi & Big DataAnalytics Private Limited was

…

## Parties

- **Judges:** Reeta K…; SANJIV…
- **Appellants:** Tariq Far…
- **Respondents:** Rolta Bi & Big…

## Timeline

- **2021-01-01 — CP 1122…**: CP 1122 of 2021 was filed, leading to the…
- **2021-01-01 — CP 1222…**: CP 1222 of 2021 was filed by Tariq Farooqui against Rolta Bi & Big DataAnalytics Private…

---

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/rolta-bi-big-data-analytics-private-limited-6bfef0e1