# In the matter of Shree Ambica Geotex Pvt. Ltd. C.P. (IB) No. 180-NCLT-AHM-2020

> NCLT judgment dated 2021-01-08. Citation: TCN-2021-NCLT-03342. The case involves an application filed by Mr. Ansh Mukesh Chordiya, proprietor of Karma…

- **Court:** NCLT
- **Order date:** 8 Jan 2021
- **Citation:** TCN-2021-NCLT-03342
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/shree-ambica-geotex-pvt-ltd-cp-ib-no-180-nclt-ahm-2020-9516e162

## Summary

### Background

The case involves an application filed by Mr. Ansh Mukesh Chordiya, proprietor of Karma Polytex, under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Shree Ambica Geotex Private Limited, an operational creditor. The applicant claimed that the respondent was indebted a total sum of Rs. 10,05,832/- along with interest towards the supply of HDPE Woven fabrics. The respondent/corporate debtor denied the debt and raised objections.

## Facts

Mr. Ansh Mukesh Chordiya, proprietor of Karma Polytex, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Shree Ambica Geotex Private Limited, claiming an operational debt of Rs. 10,05,832/- plus interest for the supply of HDPE Woven fabrics made by two invoices dated 20th July, 2019 and 08th August, 2019. The applicant issued a demand notice under Section 8 of the I&B Code on 18.12.2019. The respondent/corporate debtor is a private limited company registered under the Companies Act, 1956, on 1st February, 2008. The respondent filed an affidavit denying the debt and raising objections. The applicant annexed copies of invoices, GST registration certificate, ledger of corporate debtor, computation of outstanding and due date of

…

## Issues and analysis

### Issue 1: Whether the application under Section 9 of the Insolvency and Bankruptcy Code, 2016, is …

**Ratio:** The Adjudicating Authority has the power to admit an application under Section 9 of the

…

**Reasoning:** The Adjudicating Authority considered the facts and circumstances, the documents

…

**Interpretation:** Section 9 of the Insolvency and Bankruptcy Code, 2016, allows an operational

…

**Application:** In this case, the applicant, Mr. Ansh Mukesh Chordiya, had provided sufficient

…

## Parties

- **Judges:** Manorama…; Chockalingam…
- **Appellants:** Ansh Mukesh…
- **Respondents:** Shree Ambica…
- **Advocates:** Nilu K. Vai…; Kamlesh Vai…; +1 more

## Timeline

- **2019-07-20 — Invoice…**: One of the invoices for the…
- **2019-08-08 — Invoice…**: One of the invoices for the…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 8 — Insolvency resolution by operational creditor](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-8)

---

This is a preview. The full structured summary, issues, precedents and source judgment are available on CaseEase - Legal Intelligence Simplified: https://caseease.in/cases/ibc/nclt-chandigarh/shree-ambica-geotex-pvt-ltd-cp-ib-no-180-nclt-ahm-2020-9516e162