# In the matter of OSSL AGRI LOGISTICS PRIVATE LIMITED

> NCLT judgment dated 2025-10-09. Citation: TCN-2025-NCLT-01462. Diptab Ventures Pvt Ltd filed an application under Section 9 of the Insolvency and Bankruptcy…

- **Court:** NCLT
- **Order date:** 9 Oct 2025
- **Citation:** TCN-2025-NCLT-01462
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-indore/ossl-agri-logistics-private-limited-93c97572

## Summary

### Background

Diptab Ventures Pvt Ltd filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against OSSL Agri Logistics Pvt Ltd due to outstanding dues of Rs. 3,32,01,821/-.

## Facts

Diptab Ventures Pvt Ltd filed an application under Section 9 of the IBC against OSSL Agri Logistics Pvt Ltd for outstanding dues of Rs. 3,32,01,821/-.

OSSL Agri Logistics Pvt Ltd engaged Diptab Ventures Pvt Ltd for transportation and logistics services in 2022.

Diptab Ventures Pvt Ltd raised 119 invoices between April and September 2022, which OSSL Agri Logistics Pvt Ltd failed to pay.

OSSL Agri Logistics Pvt Ltd acknowledged the invoices but failed to clear the dues despite reminders and a reconciliation meeting on 6th April 2023.

OSSL Agri Logistics Pvt Ltd made partial payments of Rs. 2,00,000/- and Rs. 1,00,000/- in June 2023, leaving an outstanding balance of Rs. 3,32,01,821/-.

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## Issues and analysis

### Issue 1: Whether a pre-existing dispute exists that would …

**Ratio:** The Hon'ble Supreme Court in Mobilox Innovations Pvt. Ltd. v. Kirusa Software Pvt. Ltd.,

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**Reasoning:** The Corporate Debtor claimed a pre-existing dispute based on deductions for detention,

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**Interpretation:** The Adjudicating Authority interpreted the law to mean that a dispute must be

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**Application:** The Adjudicating Authority found that the Corporate Debtor's defense did not

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## Parties

- **Judges:** Mohan P.…; SANJEEV S…
- **Appellants:** Diptab Ventures…
- **Respondents:** OSSL Agri…; OSSL Agri…
- **Other parties:** Mangesh Vitthal…; Diptab Ventures…; +2 more
- **Advocates:** Jerry L…; Sanjeev Cha…; +1 more

## Timeline

- **2022 — Engagement of…**: OSSL Agri Logistics Pvt Ltd engaged Diptab Ventures Pvt Ltd for transportation and…
- **2022-04 to 2022-09 — Invoice Gen…**: Diptab Ventures Pvt Ltd raised…

## 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)

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