# In the matter of Supertech Ltd. IB-233-ND-2021

> NCLT judgment dated 2022-04-07. Citation: TCN-2022-NCLT-03324. The case pertains to an application under Section 9 of the IBC Code, 2016. The Operational…

- **Court:** NCLT
- **Order date:** 7 Apr 2022
- **Citation:** TCN-2022-NCLT-03324
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/supertech-ltd-ib-233-nd-2021-97ac2f54

## Summary

### Background

The case pertains to an application under Section 9 of the IBC Code, 2016. The Operational Creditor filed the application against the Corporate Debtor, M/s. Supertech Ltd. The Corporate Debtor is already undergoing CIRP proceedings initiated vide order dated 25.03.2022 in the matter of IB-204/ND/2021 Union Bank of India Vs. Supertech Ltd.

## Facts

M/s. Goddone Infrastructure Pvt. Ltd. filed a Section 9 application of the IBC Code, 2016, against M/s. Supertech Ltd. The application number is IB-233/ND/2021. M/s. Supertech Ltd. is already subjected to CIRP vide order dated 25.03.2022 in the matter relating to IB-204/ND/2021 Union Bank of India Vs. Supertech Ltd. The court disposed of the Section 9 application and allowed the Operational Creditor to lodge their claim with the IRP.

## Issues and analysis

### Issue 1: Whether the Section 9 application should be admitted given that the Corporate Debtor is already …

**Ratio:** When a corporate debtor is already undergoing CIRP, a fresh application under Section 9

…

**Reasoning:** The court reasoned that since the Corporate Debtor is already undergoing CIRP based on a

…

**Interpretation:** The interpretation is that the IBC aims for a streamlined insolvency resolution

…

**Application:** Given that M/s. Supertech Ltd. was already undergoing CIRP, the court applied

…

## Parties

- **Judges:** P.S.N. P…; RAHUL BHA…
- **Appellants:** M/s. Goddone…
- **Respondents:** M/s. Supertech…
- **Advocates:** Sandeep…; Akhil Sha…

## Timeline

- **2022-03-25 — CIRP Ord…**: CIRP initiated against Supertech Ltd. vide order in IB-204/ND/2021 Union Bank of India…
- **2022-04-07 — Order Del…**: Order delivered disposing of…

## 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/supertech-ltd-ib-233-nd-2021-97ac2f54