SR.

BENCH AND CASE DECISION

NO. CITY (FINAL ORDERS)
1. Ahmedabad Bench SBI, Colombo v Western Revocation of guarantee agreement by
Refrigeration Pvt. Ltd. decided on respondent company is valid as shown
26/05/20171 by materials placed on record- Whether
a petition filed a party under the
provisions of the Code will be governed
by the Limitation Act (as used to be for
cases u/Companies Act) cannot be
determined under the Code- No
evidences filed by petitioner to prove
default as on the date of revocation of
the guarantee- Petition dismissed.
2. Principal Bench, Planetcast Media Services Ltd. and Approval of a scheme of arrangement
New Delhi Cloudcast Digital Ltd. decided on by way of demerger (of VSAT/ISP
01/06/20172 division of transferor company)
between Planetcast and Cloudcast.
Assests alongwith debts, liabilities,
duties and obligations of the transferor
company (Planetcast) stand transferred
to the transferee (Cloudcast). The
petition was earlier filed before the
Hon’ble High Court of Delhi, but in
furtherance of the notification dated
7/12/2016 by the MCA, the matter was
transferred to NCLT (which now has
the power to deal with the matter).
3. Principal Bench, Macquarie Bank Ltd. v Shilpi Cable Assignee of a supplier shall be an
New Delhi Technologies Ltd. decided on ‘operational creditor’ u/s 5(20) of the
24/05/20173 Code- debt legally assigned or
transferred- dispute must be in existence
before the receipt of demand notice
/invoice by the debtor- error in the filing
of particulars (PoA) is condonable.
Petition not dismissed on grounds raised
by debtor.
4. Ahmedabad Bench IDBI Bank Ltd. v Asian Natural Corporate debtor not present on the date
resources (India) Ltd. decided on of the hearing- Petition admitted- Order
23/05/20174 of moratorium u/s 14 of the Code is
passed.

1
ibbi.gov.in/26thMay2017_in_the_matter_of_Western_Refrigeration_Pvt_Ltd_CP_No_IB_17_7_NCLT_AHM
_2017.pdf
2
http://nclt.c2k.in/OtherNCLT/Publication/principal_bench/2017/Others/20.pdf
3
http://ibbi.gov.in/24thMay2017_in_the_matter_of_Shilpi_Cable_Technologies_Ltd_CP_No_IB_64_PB_2017.
pdf
4
ibbi.gov.in/23rdMay17_in_the_matter_of_Asian_Natural_Resources_India_Ltd_CP_I_B_No_19_7_NCLT_Ah
m_2017.pdf
5. Ahmedabad Bench IDBI Bank Ltd. v Bhatia Global -
Trading Ltd. decided on 23/05/20175

6. Ahmedabad Bench New Tech Fittings Pvt. Ltd. v Rajkot -

Nagarik Sahakari Bank Ltd. decided
on 23/05/20176

Ahmedabad Bench M/S Narmada Construction (Indore) Services provided by an operational

7. Pvt. Ltd. v M/S Agroh Infrastructure creditor in pursuance to a Work Order is
Developer Pvt. Ltd. decided on an operational debt u/s 5(21) of the
18/05/20177 Code- Notice of dispute not issued by
operational debtor within stipulated
time as per Code- Petition cannot be
rejected for non-compliance of section
9(4) of the Code- Order of moratorium
issued.

Mumbai Bench Mrs Heena Prakash Desai v Best

8. Deal TV Pvt. Ltd. decided on
05/05/20178

5
http://ibbi.gov.in/23rdMay17_in_the_matter_of_Bhatia_Global_Trading_Ltd_C_P_I_B_No_18_7_NCLT_Ah
m_2017.pdf
6
http://ibbi.gov.in/23rdMay17_in_the_matter_of_New_Tech_Fittings_Ltd_CP_No_IB_23_10_NCL_Ahm_2017
.pdf
7
http://ibbi.gov.in/18thMay2017_in_the_matter_of_Agroh_Infrastructure_Developer_P_Ltd_CP_No_16_9MA
H2017.pdf
8
http://ibbi.gov.in/5thMay17BestDeal.pdf