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Application u/s. 9 of IBC admitted as allegation of pre-existing dispute not proved
Case Law Details
- Case Name
- Rashtriya Polymers &
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 07/08/2025
- Courts
- NCLT
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Rashtriya Polymers & Solvent Vs Pushpak Auxichem Private Limited (NCLT Mumbai)
NCLT Mumbai held that application u/s. 9 of the Insolvency and Bankruptcy Code admitted as allegation of pre-existing dispute pertaining to quality, quantity and defective nature of goods not proved.
Facts- This Company Petition was filed on 13.12.2024 u/s. 9 of the Insolvency and Bankruptcy Code, 2016 (‘IBC’) read with Rule 6 of the Insolvency and Bankruptcy by Mr. Anil Kumar Gupta, Sole Proprietor of M/s Rashtriya Polymers & Solvent, the Operational Creditor (OC), for initiating Corporate Insolvency ...
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