# In the matter of RCC Infraventures Limited

> NCLT judgment dated 2025-11-06. Citation: TCN-2025-NCLT-01722. Shree Laxmi Steel, an operational creditor, filed a petition under Section 9 of the Insolvency…

- **Court:** NCLT
- **Order date:** 6 Nov 2025
- **Citation:** TCN-2025-NCLT-01722
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/rcc-infraventures-limited-8b318646

## Summary

### Background

Shree Laxmi Steel, an operational creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against RCC Infra Ventures Limited, the corporate debtor, for a default amount of ₹2,39,89,076/-. The petition was filed on 23.12.2022.

## Facts

Shree Laxmi Steel filed a petition against RCC Infra Ventures Limited under Section 9 of the IBC for a default of ₹2,39,89,076/-.

The petition was filed on 23.12.2022.

The Corporate Debtor argued that the petition was barred by limitation.

The Corporate Debtor claimed pre-existing disputes regarding the quality and quantity of supplied materials.

The Operational Creditor relied on an email dated 14.09.2020 as acknowledgment of debt.

The Adjudicating Authority noted that the date of default relied upon by the Operational Creditor falls within the Section 10A period.

The Adjudicating Authority observed that the Operational Creditor failed to produce the requisite Test Certificate as per the purchase order.

## Issues and analysis

### Issue 1: Whether the application …

**Ratio:** The application is barred by limitation if filed beyond three years from the date of

…

**Reasoning:** The Corporate Debtor argued that the petition was filed beyond the prescribed period of

…

**Interpretation:** The Adjudicating Authority considered the arguments and found that the date of

…

**Application:** The Adjudicating Authority concluded that the application was not maintainable

…

## Parties

- **Judges:** KHE TRABASI…; SHISHIR A…
- **Appellants:** Shree Laxmi…
- **Respondents:** RCC Infra…
- **Advocates:** Farhad…; Anand Chh…; +1 more

## Timeline

- **2022-12-23 — Petition…**: Shree Laxmi Steel filed a petition under Section 9 of the IBC against RCC Infra Ventures…
- **2025-11-06 — Order Pron…**: The Adjudicating Authority…

## 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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