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

> NCLT judgment dated 2023-10-13. Citation: TCN-2023-NCLT-01249. The case pertains to a petition filed under Section 9 of the Insolvency and Bankruptcy Code,…

- **Court:** NCLT
- **Order date:** 13 Oct 2023
- **Citation:** TCN-2023-NCLT-01249
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/rolta-bi-big-data-analytics-private-limited-b061c2c8

## Summary

### Background

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

## Facts

Priyanka Ashok Pugalia filed a petition against Rolta Bi & Big Data Analytics Private Limited under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Corporate Debtor, Rolta Bi & Big Data Analytics Private Limited, was already admitted into CIRP under CP 1122 of 2021, vide an order dated 13.10.2023. Consequently, the present petition, CP 1114 of 2021, was rendered infructuous.

## Issues and analysis

### Issue 1: Whether the present petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 can be …

**Ratio:** A petition becomes infructuous if the Corporate Debtor has already been admitted into

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**Reasoning:** The court reasoned that since the Corporate Debtor was already undergoing CIRP, the

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

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**Application:** The ratio and reasoning were applied to the facts of the case, where the

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## Parties

- **Judges:** Reeta K…; SH. SANJI…
- **Appellants:** Priyanka Ashok…
- **Respondents:** Rolta Bi & Big…

## Timeline

- **2021-01-01 — Filing of CP 1122 of…**: Corporate Debtor admitted to…
- **2021-01-01 — Filing of CP 1114 of…**: Priyanka Ashok Pugalia files CP 1114 of 2021 against Rolta Bi & Big Data Analytics…

## 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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