# In the matter of Sion Panvel tollways Pvt. Ltd. C.P. (IB)-71(MB)2019

> NCLT judgment dated 2023-03-17. Citation: TCN-2023-NCLT-04156. The case involves a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016. Ms.…

- **Court:** NCLT
- **Order date:** 17 Mar 2023
- **Citation:** TCN-2023-NCLT-04156
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/sion-panvel-tollways-pvt-ltd-cp-ib-71mb2019-af85b06d

## Summary

### Background

The case involves a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016. Ms. Tasneem Zariwala i/b Vidhii Partners appeared for the Corporate Debtor. The hearing was conducted virtually.

## Facts

The case pertains to a petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Corporate Debtor was represented by Ms. Tasneem Zariwala i/b Vidhii Partners. The petition was rendered infructuous due to a prior order passed in CP (IB) 4776 of 2018. Consequently, the petition was disposed of, but the petitioner was allowed to file a claim before the IRP/RP in the ongoing CIRP. The key fact is the existence of a prior order that made the current petition irrelevant.

## Issues and analysis

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

**Ratio:** A petition becomes infructuous when a prior order or event renders the relief sought in

…

**Reasoning:** The court reasoned that the order passed in CP (IB) 4776 of 2018 had already addressed

…

**Interpretation:** The interpretation is that a subsequent petition cannot stand if a prior order

…

**Application:** In this case, the prior order in CP (IB) 4776 of 2018 rendered the Section 9

…

## Parties

- **Judges:** Prabhat…; Kuldip Kumar…
- **Respondents:** MARKOLINE TRAFFIC…; SION PANVEL…

## Timeline

- **2018-01-01 — Order Passed in CP (IB)…**: An order was passed in CP (IB) 4776 of 2018, which later rendered the current petition…
- **2023-03-17 — Order of Di…**: The NCLT disposed of the petition, granting the petitioner liberty to file a claim before…

## 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)

---

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/sion-panvel-tollways-pvt-ltd-cp-ib-71mb2019-af85b06d
