Insolvency proceedings can be started against a company even if the winding up petition against it is pending in a high court, the principal bench of the National Company Law Tribunal said on Friday.
Pronouncing an order to this effect in the case of Union Bank of India vs Era Infra Engineering, the three-member bench, led by tribunal’s president justice MM Kumar, listed the matter on March 28 for hearing on the merits of triggering insolvency proceedings against the company under Section 7 of the Insolvency and Bankruptcy Code (IBC).

Source - http://www.financialexpress.com