# In the matter of Heena Metal Private Limited vs. Global Extrusions Pvt. Ltd.

> NCLAT judgment dated 2026-01-09. Citation: TCN-2026-NCLAT-00027. Heena Metal Private Limited filed an insolvency petition under Section 9 of the Insolvency…

- **Court:** NCLAT
- **Order date:** 9 Jan 2026
- **Citation:** TCN-2026-NCLAT-00027
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-new-delhi/heena-metal-private-limited-vs-global-extrusions-pvt-ltd-b4c33e6c

## Summary

### Background

Heena Metal Private Limited filed an insolvency petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 against Global Extrusions Pvt. Ltd. before the Adjudicating Authority (National Company Law Tribunal, Ahmedabad Bench). The petition was based on an operational debt.

## Facts

Heena Metal Private Limited (Appellant) is engaged in the business of manufacturing and trading ferrous and non-ferrous metals.

Global Extrusions Pvt. Ltd. (Respondent) is engaged in the business of manufacturing copper and zinc alloys.

The Appellant supplied materials to the Respondent from their Jamnagar Unit between 26.05.2016 to 27.06.2017, amounting to Rs. 79,44,085/-.

The Appellant purchased materials from the Respondent, and the amount of purchase was adjusted against the outstanding invoices raised against the Respondent.

The Appellant also supplied materials to the Respondent from their Mumbai Unit and raised four invoices for Rs.49,70,041/-.

The Appellant issued a Demand Notice dated 22.11.2021 to the Respondent under Section 8 of the Code.

…

## Issues and analysis

### Issue 1: Whether the debt claimed by …

**Ratio:** The debt is tim…

**Reasoning:** The NCLAT found that the invoices related to the Jamnagar unit were time-barred as three

…

**Interpretation:** The limitation period for the debt is calculated from the original invoice

…

**Application:** The NCLAT applied the principle that the limitation period starts from the date

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## Parties

- **Judges:** Mohammad Faiz…; Arun Ba…
- **Appellants:** Heena Metal…
- **Respondents:** Global Extrusions…
- **Advocates:** Ravi Ragh…; Namanjeet Singh…; +1 more

## Timeline

- **2023-11-29 — Order by Adjudicating…**: The Adjudicating Authority (National Company Law Tribunal, Ahmedabad Bench) passed an…
- **2026-01-09 — Order by…**: The National Company Law Appellate…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 61 — Appeals and Appellate Authority](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-61)

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