# In the matter of Vibrant Buildwell Private Limited

> NCLT judgment dated 2023-09-11. Citation: TCN-2023-NCLT-01725. The case involves an interlocutory application filed by Raj Kumar Sahani, the ex-director and…

- **Court:** NCLT
- **Order date:** 11 Sept 2023
- **Citation:** TCN-2023-NCLT-01725
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/vibrant-buildwell-private-limited-1a3f83e8

## Summary

### Background

The case involves an interlocutory application filed by Raj Kumar Sahani, the ex-director and shareholder of Vibrant Buildwell Private Limited (Corporate Debtor), under Rule 11 of the National Company Law Tribunal Rules, 2016, seeking certain prayers. The applicant seeks leave to place additional documents on record and requests the Adjudicating Authority to pass any other orders deemed fit.

## Facts

Raj Kumar Sahani, the ex-director and shareholder of Vibrant Buildwell Private Limited (the Corporate Debtor), filed an interlocutory application. The application was filed under Rule 11 of the National Company Law Tribunal Rules, 2016. The applicant sought leave to place additional documents on record and requested the court to pass any other orders deemed fit. The court found the application maintainable and issued notice to the respondents, including Mr. Ashish Singh (Resolution Professional), the Committee of Creditors of Vibrant Buildwell Private Limited, and M/s. Bishwanath Traders and Investment Limited. The applicant was directed to serve notice to the respondents via email and speed post within three days and to file an affidavit of service with a tracking

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## Issues and analysis

### Issue 1: Whether the applicant should be granted leave …

**Ratio:** The court has the discretion to allow the applicant to place additional documents on

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**Reasoning:** The court considered the application and the grounds mentioned therein and found it

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**Interpretation:** The interpretation of the rule allows the court to exercise its discretion in

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**Application:** The court applied this principle to the present case and granted leave to the

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## Parties

- **Judges:** SH. MANNI…; BINOD KUMAR…
- **Appellants:** Raj Kumar…
- **Respondents:** Vibrant Buildwell…; Ashish…

## Timeline

- **2023-09-11 — Order Del…**: The order was delivered…
- **2023-10-04 — Case Lis…**: The case is listed for further…

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