This case involves an appeal filed by Clarion Health Food LLP, a majority shareholder in Goli Vada Pav Pvt. Ltd. (Corporate Debtor), against the order of the National Company Law Tribunal (NCLT), Mumbai Bench, which admitted a petition filed by Vista Processed Foods Pvt. Ltd. (Operational Creditor) under Section 9 of the Insolvency and Bankruptcy Code (IBC), initiating the Corporate Insolvency Resolution Process (CIRP) against Goli Vada Pav Pvt. Ltd. The appellant contends that they were unaware of the CIRP initiation and that there was a pre-existing dispute between the appellant and the corporate debtor, which was not brought to the attention of the Adjudicating Authority (AA). The appellant also alleges collusion between the operational creditor and the corporate

This case involves an appeal filed by Clarion Health Food LLP, a majority shareholder in Goli Vada Pav Pvt. Ltd. (Corporate Debtor), against the order of the National Company Law Tribunal (NCLT), Mumbai Bench, which admitted a petition filed by Vista Processed Foods Pvt. Ltd. (Operational Creditor) under Section 9 of the Insolvency and Bankruptcy Code (IBC), initiating the Corporate Insolvency Resolution Process (CIRP) against Goli Vada Pav Pvt. Ltd. The appellant contends that they were unaware of the CIRP initiation and that there was a pre-existing dispute between the appellant and the corporate debtor, which was not brought to the attention of the Adjudicating Authority (AA). The appellant also alleges collusion between the operational creditor and the corporate