Punjab National Bank, the financial creditor, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, read with Rule 4 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, seeking to initiate the Insolvency Resolution Process against Mintri Tea Co. Ltd., the corporate debtor. The bank claimed that Mintri Tea Co. Ltd. was indebted to it for an amount of INR 10,37,69,840.06 as of May 31, 2017, which included interest as per the financial contract. The petitioner provided various documents to support its claim, including a Loan Agreement for Rs. 10,00,71,000/-, a Sanction Letter, Hypothecation of Assets, a Guarantee Agreement, and a demand notice for Rs. 7,62,64,905.80 issued on February 7, 2017. The total debt in

Punjab National Bank, the financial creditor, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, read with Rule 4 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, seeking to initiate the Insolvency Resolution Process against Mintri Tea Co. Ltd., the corporate debtor. The bank claimed that Mintri Tea Co. Ltd. was indebted to it for an amount of INR 10,37,69,840.06 as of May 31, 2017, which included interest as per the financial contract. The petitioner provided various documents to support its claim, including a Loan Agreement for Rs. 10,00,71,000/-, a Sanction Letter, Hypothecation of Assets, a Guarantee Agreement, and a demand notice for Rs. 7,62,64,905.80 issued on February 7, 2017. The total debt in