# In the matter of CARDIAC CARE AND ALLIED HEALTH PRIVATE LIMITED

> NCLT judgment dated 2026-04-17. Citation: TCN-2026-NCLT-00373. ACE CARDIOPATHY SOLUTIONS PVT. LTD. filed a petition under Section 9 of the Insolvency and…

- **Court:** NCLT
- **Order date:** 17 Apr 2026
- **Citation:** TCN-2026-NCLT-00373
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-jaipur/cardiac-care-and-allied-health-private-limited-166bfd9b

## Summary

### Background

ACE CARDIOPATHY SOLUTIONS PVT. LTD. filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate Corporate Insolvency Resolution Process (CIRP) against CARDIAC CARE AND ALLIED HEALTH PVT LTD. due to non-payment of operational dues.

## Facts

The Petitioner, ACE CARDIOPATHY SOLUTIONS PVT. LTD., is an operational creditor and supplier of medical devices and consumables.

The Respondent, CARDIAC CARE AND ALLIED HEALTH PVT LTD., is a hospital that purchased medical devices and consumables from the Petitioner.

The Petitioner claimed unpaid invoices amounting to Rs. 1,79,98,948.93 as principal and Rs. 19,73,329.59 as interest as of 31.01.2023.

The Respondent made timely payments until 31.03.2022, after which payments stopped.

The Respondent raised objections regarding discrepancies in invoices, overpricing, and collusion between the Petitioner and the former director.

The Respondent claimed that the Petitioner supplied two IVL devices with the same lot number, leading to withholding of payments by ECHS.

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## Issues and analysis

### Issue 1: Whether there is a pre-existing …

**Ratio:** For non-admission of a Section 9 Petition, the existence of a dispute must be plausible,

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**Reasoning:** The Respondent did not raise any dispute prior to the issuance of the Demand Notice. The

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**Interpretation:** The Adjudicating Authority interpreted the Respondent's conduct as an attempt

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**Application:** The Adjudicating Authority concluded that there was no pre-existing dispute

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## Parties

- **Judges:** Reeta K…; Kavita Bha…
- **Appellants:** ACE CARDIOPATHY…
- **Respondents:** CARDIAC CARE AND…
- **Other parties:** Ghanshyam…; Prakash Cha…; +3 more
- **Advocates:** Anubha…; Shubham Cha…; +2 more

## Timeline

- **2022-03-31 — Payment H…**: Respondent made timely…
- **2022-08-28 — Dispute R…**: Respondent sent a letter regarding IVL…

## 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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