# M/S Parmod Sharma Contractors vs. SBCC Infra Private Limited

> NCLT judgment dated 2026-10-14. Citation: TCN-2026-NCLT-01203. M/s Parmod Sharma Contractors, an Operational Creditor, filed a petition under Section 9 of the…

- **Court:** NCLT
- **Order date:** 14 Oct 2026
- **Citation:** TCN-2026-NCLT-01203
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-jaipur/sbcc-infra-private-limited-w60vy

## Summary

### Background

M/s Parmod Sharma Contractors, an Operational Creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) against SBCC Infra Private Limited, the Corporate Debtor, seeking to initiate Corporate Insolvency Resolution Process (CIRP). The petition arose from an unpaid operational debt related to a sub-contracted railway construction project. The Corporate Debtor had sub-contracted a 23 km railway line construction project to the Operational Creditor, valued at Rs. 72,07,06,277/-, but failed to make full payments for the work executed, leading to substantial operational dues and financial losses for the Operational Creditor. The Operational Creditor is registered under the MSMED Act, 2006, and claimed interest on the outstanding amount. A

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## Facts

M/s Parmod Sharma Contractors (Operational Creditor/Petitioner) filed a petition under Section 9 of the IBC, 2016, to initiate CIRP against SBCC Infra Private Limited (Corporate Debtor/Respondent).

SBCC Infra Private Limited was incorporated on 11.05.2018, with CIN: U45309RJ2018PTC061218.

SBCC Infra Private Limited was awarded a tender by the West Central Railways (Tender No. DYCE-C-III-BPL-01-2020).

SBCC Infra Private Limited sub-contracted a 23 km railway line construction project (Km 188 to Km 211 under Biaora and Narsinghgarh stations, Madhya Pradesh) to M/s Parmod Sharma Contractors via a Letter of Award (LOA) dated 10.06.2023, valued at Rs. 72,07,06,277/-.

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## Issues and analysis

### Issue 1: Whether the present petition filed by the Operational Creditor under Section 9 of the IBC, 2016, …

**Ratio:** A Section 9 petition is admissible if an operational debt is due and payable, a default

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**Reasoning:** The NCLT found that the Operational Creditor provided substantial evidence, including the

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**Interpretation:** The Adjudicating Authority has an obligation to independently determine if the

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**Application:** Based on the material placed on record and the Corporate Debtor's

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## Parties

- **Judges:** Reeta K…; Kavita Bha…
- **Appellants:** M/S PARMOD SHARMA…
- **Respondents:** SBCC INFRA…
- **Other parties:** Aman V…
- **Advocates:** Amol…; Abhishek P…

## Timeline

- **2018-05-11 — Incorporation of…**: SBCC Infra Private…
- **2023-06-10 — Letter of Award (LOA)…**: SBCC Infra Private Limited issued a Letter of Award to M/s Parmod Sharma Contractors for…

## 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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