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2018 (10) TMI 1838 - Tri - Insolvency and BankruptcyJurisdiction - Maintainability of application - initiation of CIRP - Corporate Debtor failed to make repayment of its debt - existence of debt and dispute or not - HELD THAT:- National Company Law Tribunal is bereft of jurisdiction to deal with these cases because jurisdiction to try the cases against guarantors has not yet been notified by the Government till now. This Bench has already decided that National Company Law Tribunal is bereft of jurisdiction as stated by the respondents in miscellaneous applications, M/s. L and T Infrastructure Finance Co. Ltd., another financial creditor, filed against more or less against the same respondents for they remained guarantors even to the loan availed by the same corporate debtor from M/s. L and T Infrastructure Finance Co. Ltd., under same section of law - Nevertheless this point of filing independent petitions will not make any difference to the legal point of want of jurisdiction to deal with these cases ; therefore we place that discussion to apply it in toto to these cases to say that these cases shall also be dismissed in limine on the same point. Petition dismissed.
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