# In the matter of Rajesh Kumar Dhingra vs. IDBI Trusteeship & Anr.

> NCLAT judgment dated 2025-06-04. Citation: TCN-2025-NCLAT-00356. The appeal is against an impugned order dated 30.05.2025, where an application under Section…

- **Court:** NCLAT
- **Order date:** 4 Jun 2025
- **Citation:** TCN-2025-NCLAT-00356
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-new-delhi/rajesh-kumar-dhingra-vs-idbi-trusteeship-anr-18b481fd

## Summary

### Background

The appeal is against an impugned order dated 30.05.2025, where an application under Section 9 of IBC, 2016 was admitted by the National Company Law Tribunal, Mumbai Bench in CP (IB) No. 624/MB/2022.

## Facts

The appeal is against an impugned order dated 30.05.2025.

A demand notice was sent by the Respondents to the Appellant for Rs. 88,68,19,930/-.

The Respondent reserved its rights in relation to any other liability for debt owned by the appellant.

The appellant filed an affidavit dated 01.08.2024 offering to make payment of the debt.

The respondent filed an affidavit dated 19.08.2024 adding interest amount to the amount due.

The Appellant paid Rs. 88,68,19,930/- as asked in the demand notice.

An amount of Rs. 81,97,85,191/- was paid as alleged interest on 30.05.2025.

Rs. 9.39 crores was paid on 02.06.2025 along with further Rs. 1.3 Crores.

## Issues and analysis

### Issue 1: Whether the impugned order admitting the …

**Ratio:** The order was admitted on grounds of

…

**Reasoning:** The appellant was willing to pay the

…

**Interpretation:** The court is considering whether the default in interest payment warrants the

…

**Application:** The court will determine if the payment of the principal amount and willingness

…

## Parties

- **Judges:** Yogesh K…; Indevar P…
- **Appellants:** Rajesh Kumar…
- **Respondents:** IDBI Trusteeship…
- **Advocates:** Arun Kath…; Krishnendu…; +10 more

## Timeline

- **30.05.2025 — Impugned…**: An application under Section 9 of IBC, 2016 was admitted by the National Company Law…
- **07.10.2024 — NCLT Ord…**: NCLT passed an order stating the matter…

---

This is a preview. The full structured summary, issues, precedents and source judgment are available on CaseEase - Legal Intelligence Simplified: https://caseease.in/cases/ibc/nclat-new-delhi/rajesh-kumar-dhingra-vs-idbi-trusteeship-anr-18b481fd