# In the matter of Sunil Balkrishna Shinde vs. Gpld Infra Projects Private Limited

> NCLAT judgment dated 2025-03-11. Citation: TCN-2025-NCLAT-00393. The case involves an appeal against an order related to insolvency proceedings. The…

- **Court:** NCLAT
- **Order date:** 11 Mar 2025
- **Citation:** TCN-2025-NCLAT-00393
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-new-delhi/sunil-balkrishna-shinde-vs-gpld-infra-projects-private-limited-c15c38b8

## Summary

### Background

The case involves an appeal against an order related to insolvency proceedings. The Operational Creditor claimed Rs.1,44,00,648/-, including Rs.76,31,711/- for GST payment.

## Facts

The Operational Creditor claimed Rs.1,44,00,648/-, including Rs.76,31,711/- for GST payment.

The Corporate Debtor allegedly withheld payment because the Operational Creditor did not make the GST payment as per the Purchase Order.

The Appellant is ready to deposit the amount claimed in Part IV of the application within a week.

The court directed the Appellant to deposit Rs.1,44,00,648/- within one week in an interest-bearing account in the name of the Registrar, NCLAT.

The Corporate Debtor shall be kept as a going concern.

## Issues and analysis

### Issue 1: Whether the Appellant should be …

**Ratio:** The court considered the submission made by

…

**Reasoning:** The Appellant is ready to deposit the amount claimed in Part IV of the application within

…

**Interpretation:** The court interpreted the situation as requiring the deposit of the claimed

…

**Application:** The court directed the Appellant to deposit Rs.1,44,00,648/- within one week in

…

## Parties

- **Judges:** Ashok Bh…; Arun Ba…
- **Appellants:** Sunil Balkrishna…
- **Respondents:** GPLD Infra…
- **Advocates:** Sandeep…; Harshvardhan…; +5 more

## Timeline

- **2025-03-11 — Order Da…**: Learned counsel for the Appellant submits that as per own calculation given by the…
- **2025-04-22 — Next Hearin…**: List this Appeal on…

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