# In the matter of Investors Clinic Infratech Pvt. Ltd. IB-546-PB-2019

> NCLT judgment dated 2022-05-04. Citation: TCN-2022-NCLT-04845. The case pertains to an application under Section 7 of the IBC Code, 2016.

- **Court:** NCLT
- **Order date:** 4 May 2022
- **Citation:** TCN-2022-NCLT-04845
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-new-delhi/investors-clinic-infratech-pvt-ltd-ib-546-pb-2019-6aa216ab

## Summary

### Background

The case pertains to an application under Section 7 of the IBC Code, 2016.

## Facts

The matter was heard virtually.

No one was present at the time of the virtual hearing.

The matter has been transferred from Principal Bench to Bench VI, New Delhi.

The matter is listed next on 19.05.2022.

## Issues and analysis

### Issue 1: Whether the application under Section 7 of the IBC Code, 2016, should be adjourned due to the …

**Ratio:** In the interest of justice,

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**Reasoning:** No one was present at the

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**Interpretation:** The court has the discretion to adjourn

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**Application:** The court exercised its discretion to

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## Parties

- **Judges:** P.S.N. P…; RAHUL BHA…
- **Appellants:** Seema S…
- **Respondents:** M/s. Investor…

## Timeline

- **2022-05-04 — Order Del…**: Order delivered on…
- **2022-05-19 — Next Listin…**: Matter listed on…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 7 — Initiation of corporate insolvency resolution…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-7)

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