# In the matter of FALCON AUTO ENGINEERING PRIVATE LIMITED

> NCLT judgment dated 2025-10-09. Citation: TCN-2025-NCLT-01460. Ogota Motors Private Limited filed an application under Section 9 of the Insolvency and…

- **Court:** NCLT
- **Order date:** 9 Oct 2025
- **Citation:** TCN-2025-NCLT-01460
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/falcon-auto-engineering-private-limited-39714cbe

## Summary

### Background

Ogota Motors Private Limited filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against Falcon Auto Engineering Private Limited, citing a default amount of Rs. 3,47,05,653/- with the date of default being 25.10.2023.

## Facts

Ogota Motors Private Limited (Operational Creditor) supplied goods worth Rs. 15,12,48,440/- to Falcon Auto Engineering Private Limited (Corporate Debtor).

Falcon Auto Engineering Private Limited paid Rs. 11,65,42,786/-, leaving an outstanding amount of Rs. 3,47,05,653/- as of 24/06/2024.

Ogota Motors Private Limited issued a statutory demand notice dated 24.06.2024 to Falcon Auto Engineering Private Limited.

Falcon Auto Engineering Private Limited failed to respond to the demand notice or raise any pre-existing dispute.

The default amount exceeds the threshold limit of Rs. 1 crore as per Section 4 of the IBC.

The application was filed within the limitation period.

## Issues and analysis

### Issue 1: Whether the Corporate Debtor …

**Ratio:** Yes, the Corporate Debtor defaulted

…

**Reasoning:** The Operational Creditor provided invoices, running ledger accounts, GST records, email

…

**Interpretation:** The Adjudicating Authority interpreted the evidence as sufficient proof of the

…

**Application:** The Adjudicating Authority applied the provisions of Section 9 of the IBC to

…

## Parties

- **Judges:** KHETRABASI…; SHISHIR A…
- **Appellants:** Ogota Motors…; Ogota Motors…
- **Respondents:** Falcon Auto…
- **Other parties:** Anoop K…; Shashi Bhushan…
- **Advocates:** Sajal…

## Timeline

- **2023-10-25 — Date of D…**: The date on which Falcon Auto Engineering Private Limited defaulted on its payment…
- **2024-06-24 — Demand N…**: Ogota Motors Private Limited issued a statutory demand notice to Falcon Auto Engineering…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 9 — Application for initiation of corporate insolvency…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-9)

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