# In the matter of Genesis Gas Solutions Private Limited

> NCLT judgment dated 2025-09-04. Citation: TCN-2025-NCLT-01395. The present application (I.A. No. 4088 of 2024 in CP(IB)-208/2024) was filed by Genesis Gas…

- **Court:** NCLT
- **Order date:** 4 Sept 2025
- **Citation:** TCN-2025-NCLT-01395
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-new-delhi/genesis-gas-solutions-private-limited-6dd8074f

## Summary

### Background

The present application (I.A. No. 4088 of 2024 in CP(IB)-208/2024) was filed by Genesis Gas Solutions Pvt. Ltd., the Applicant/Corporate Debtor, under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, read with Rule 11 of the NCLT Rules, 2016, seeking to bring on record additional documents.

## Facts

Genesis Gas Solutions Pvt. Ltd., the Applicant/Corporate Debtor, filed an application (I.A. No. 4088 of 2024) to bring on record additional documents.

The application was filed under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, read with Rule 11 of the NCLT Rules, 2016.

The Respondent/Financial Creditor, AP SECURITAS PVT. LTD., opposed the application, claiming it was intended to cause delay.

The Applicant argued that the additional documents, including an order from the Delhi High Court and a financial due diligence report, became available after the initial filing.

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## Issues and analysis

### Issue 1: Whether the Adjudicating Authority can allow the filing of additional documents in an application …

**Ratio:** The Hon'ble Supreme Court in Dena Bank (Now Bank of Baroda) Vs. C. Shivakumar Reddy &

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**Reasoning:** The court reasoned that in the absence of any express provision prohibiting or setting a

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**Interpretation:** The judgments clarify that the Adjudicating Authority has the discretion to

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**Application:** In this case, the court applied the principle and allowed the Applicant to file

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## Parties

- **Judges:** BACHU VENKAT…; Sanjeev R…
- **Appellants:** AP SECURITAS PVT.…
- **Respondents:** GENESIS GAS…
- **Advocates:** Mohit Nan…; Yogesh…

## Timeline

- **2024-05-18 — Board Reso…**: Copy of the Board…
- **2024-05-23 — Email Confi…**: Copy of Email dated 23.05.2024…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 60(5) — Adjudicating Authority for corporate persons](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-60)

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