# In the matter of Sohang Enterprises Pvt. Ltd. CP No. (IB)-32-9-JPR-2020

> NCLT judgment dated 2022-08-01. Citation: TCN-2022-NCLT-01505. The case pertains to CP No. (IB)-32/9/JPR/2020 filed under Section 9 of the Insolvency and…

- **Court:** NCLT
- **Order date:** 1 Aug 2022
- **Citation:** TCN-2022-NCLT-01505
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/sohang-enterprises-pvt-ltd-cp-no-ib-32-9-jpr-2020-6e0b1e63

## Summary

### Background

The case pertains to CP No. (IB)-32/9/JPR/2020 filed under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016. Superior Kitchenware Pvt. Ltd. is the Operational Creditor, and Sohang Enterprises Pvt. Ltd. is the Corporate Debtor. The Operational Creditor sought to withdraw the petition.

## Facts

Superior Kitchenware Pvt. Ltd., the Operational Creditor, filed a petition (CP No. (IB)-32/9/JPR/2020) against Sohang Enterprises Pvt. Ltd., the Corporate Debtor, under Section 9 of the IBC, 2016. Mr. Vikas Kabra, representing the Operational Creditor, appeared before the court and sought permission to withdraw the petition. The Corporate Debtor was not represented. The court granted permission for the withdrawal, leading to the dismissal of the petition.

## Issues and analysis

### Issue 1: Whether the Operational Creditor should be granted permission to withdraw the petition filed under …

**Ratio:** An operational creditor has the right to withdraw a petition filed under Section 9 of the

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**Reasoning:** The court considered the request of the Operational Creditor, represented by Mr. Vikas

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**Interpretation:** The interpretation of Section 9 of the IBC allows for the withdrawal of a

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**Application:** In this case, the Operational Creditor sought to withdraw the petition, and the

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## Parties

- **Judges:** Deep Chandr…; Prasanta Kumar…
- **Appellants:** Superior Kitchenwa…
- **Respondents:** Sohang Enterprises…

## Timeline

- **N/A — Filing of CP No.…**: Superior Kitchenware Pvt. Ltd. filed a petition against Sohang Enterprises Pvt. Ltd.…
- **2022-08-01 — Order for Wit…**: The court granted permission to the Operational Creditor to withdraw the petition, and CP…

## 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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