The case originated from an application filed by Hubergroup India Pvt. Ltd. (Operational Creditor) under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate the Corporate Insolvency Resolution Process (CIRP) against Shreemataji Graphics Pvt. Ltd. (Corporate Debtor). The Adjudicating Authority, National Company Law Tribunal (NCLT), Mumbai Bench, admitted this application on March 6, 2019, thereby commencing the CIRP. This admission order led to the appointment of an Interim Resolution Professional (IRP) and the issuance of a public announcement. However, a Committee of Creditors (CoC) was not constituted in the Corporate Debtor's case.

The case originated from an application filed by Hubergroup India Pvt. Ltd. (Operational Creditor) under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate the Corporate Insolvency Resolution Process (CIRP) against Shreemataji Graphics Pvt. Ltd. (Corporate Debtor). The Adjudicating Authority, National Company Law Tribunal (NCLT), Mumbai Bench, admitted this application on March 6, 2019, thereby commencing the CIRP. This admission order led to the appointment of an Interim Resolution Professional (IRP) and the issuance of a public announcement. However, a Committee of Creditors (CoC) was not constituted in the Corporate Debtor's case.