# In the matter of McNally Bharat Engg Co. Limited IA(I.B.C)-345(KB)2022 in C.P (IB)-180(KB)2020

> NCLT judgment dated 2022-05-18. Citation: TCN-2022-NCLT-04800. The Operational Creditor, BRGD Ingot Private Limited, filed an application seeking a change of…

- **Court:** NCLT
- **Order date:** 18 May 2022
- **Citation:** TCN-2022-NCLT-04800
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-kolkata/mcnally-bharat-engg-co-limited-iaibc-345kb2022-in-cp-ib-180kb2020-03a68cd1

## Summary

### Background

The Operational Creditor, BRGD Ingot Private Limited, filed an application seeking a change of name to HMB Ispat Private Limited. The company passed a resolution in an Extra Ordinary General Meeting on 27/09/2021 to change its name, and the change has been effected in the Registrar of Companies, West Bengal, as per the Certificate of Incorporation issued on 03/11/2021.

## Facts

BRGD Ingot Private Limited filed an application to change its name to HMB Ispat Private Limited.

A resolution was passed in an Extra Ordinary General Meeting on 27/09/2021 to change the name.

The change of name has been effected in the Registrar of Companies, West Bengal, as per the Certificate of Incorporation issued on 03/11/2021.

The Corporate Debtor has already been admitted under CIRP in CP(IB)/891(KB)2020.

Order dated 29/04/2022 passed in CP(IB)/891(KB)2020.

## Issues and analysis

### Issue 1: Whether the change of name of the Operational Creditor from BRGD Ingot Private Limited to HMB Ispat …

**Ratio:** The court has the power to allow changes in the

…

**Reasoning:** The Operational Creditor has already taken steps to change its name, and the change has

…

**Interpretation:** The court interprets the law to allow for changes in the name of parties to

…

**Application:** The court applied this interpretation to allow the change of name of the

…

## Parties

- **Judges:** Rohit K…; Harish Chander…; +1 more
- **Respondents:** M/S. McNally…
- **Other parties:** BRGD Ingot…; HMB Ispat Private…
- **Advocates:** Rajeev Kuma…; Abhirup Chakrabort…

## Timeline

- **2022-05-18 — Hearing…**: Hearing held on 18th…
- **2021-09-27 — Resolution…**: Resolution passed in the Extra Ordinary…

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