# In the matter of MOHIB SHOES PRIVATE LIMITED

> NCLT judgment dated 2026-01-13. Citation: TCN-2026-NCLT-00095. Ahuja International, an operational creditor, filed a petition under Section 9 of the…

- **Court:** NCLT
- **Order date:** 13 Jan 2026
- **Citation:** TCN-2026-NCLT-00095
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chennai/mohib-shoes-private-limited-951d38f3

## Summary

### Background

Ahuja International, an operational creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate Corporate Insolvency Resolution Process (CIRP) against Mohid Shoes Private Limited, the corporate debtor, due to outstanding debt.

## Facts

Ahuja International is an operational creditor engaged in the business of supplying leather.

Mohid Shoes Private Limited is the corporate debtor with Identification No. U19201TN2006PTC059796, incorporated on 11.05.2006.

The total outstanding debt claimed by the operational creditor is Rs. 7,53,62,481.40/-.

The date of default is stated as 29.11.2022.

The operational creditor issued a demand notice dated 14.12.2024 under Section 8 of the IBC, 2016.

The Corporate Debtor accepted consignments and made part payments, acknowledging the operational debt.

The Respondent was set ex parte vide Order Dated 22.08.2025.

The petition was filed on 28.04.2025, within the limitation period as per Article 137 of the Limitation Act.

## Issues and analysis

### Issue 1: Whether the application under Section …

**Ratio:** The application should be admitted if there is a debt and default, and no pre-existing

…

**Reasoning:** The Adjudicating Authority found that the operational debt exceeded the threshold limit,

…

**Interpretation:** Section 9(5) of the IBC allows for the admission of the application if the

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**Application:** The application was admitted as the conditions under Section 9(5) were

…

## Parties

- **Judges:** JYOTI KUMAR…; RAVICHANDRAN…
- **Appellants:** Ahuja Internationa…; Nagalingam…
- **Respondents:** Mohid Shoes…
- **Other parties:** Mobilox Innovation…
- **Advocates:** Ananda Go…; K.Jayag…; +1 more

## Timeline

- **2022-11-29 — Date of D…**: The stated date of default…
- **2024-12-14 — Demand N…**: Operational Creditor issued a Demand Notice under Section 8 of the Insolvency and…

## 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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