# Almin Extrusion vs. M/s Medioint Lifescience Pvt Ltd

> NCLT judgment dated 14 Jan 2026. Citation: TCN-2026-NCLT-00030. Almin Extrusion, an Operational Creditor, through its partner Mr. Punit Harivadan Patel, filed…

- **Court:** NCLT
- **Order date:** 14 Jan 2026
- **Citation:** TCN-2026-NCLT-00030
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-kolkata/almin-extrusion-vs-ms-medioint-lifescience-pvt-ltd-ywcrc

## Summary

### Background

Almin Extrusion, an Operational Creditor, through its partner Mr. Punit Harivadan Patel, filed a Company Petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) to initiate Corporate Insolvency Resolution Process (CIRP) against M/s Medioint Lifescience Private Limited, the Corporate Debtor. The petition alleges a default in payment of outstanding debts amounting to Rs. 1,19,15,339.00/-, including interest. The Operational Creditor supplied Aluminium Collapsible Printed Tubes and Laminated Tubes to the Corporate Debtor over continuous business transactions. Out of 32 tax invoices raised, 23 invoices remained unpaid, resulting in a principal outstanding amount of Rs. 1,12,73,149/-.

## Facts

Almin Extrusion (Operational Creditor) filed a Company Petition under Section 9 of the IBC, 2016, against M/s Medioint Lifescience Private Limited (Corporate Debtor).

The petition seeks to initiate Corporate Insolvency Resolution Process (CIRP) due to a default in payment of outstanding debts amounting to Rs. 1,19,15,339.00/-, including interest.

The principal amount outstanding from 23 unpaid invoices is Rs. 1,12,73,149/-.

Almin Extrusion supplied Aluminium Collapsible Printed Tubes and Laminated Tubes to M/s Medioint Lifescience Private Limited, which were accepted and consumed.

A Legal cum Demand notice dated 26.10.2024 was sent to the Corporate Debtor via speed post and email to its Key Managerial Personnel (KMP).

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## Issues and analysis

### Issue 1: Whether the Demand Notice under Section 8 of the Code was validly served upon the Corporate Debtor, …

**Ratio:** Service of a Section 8 demand notice via electronic mail to the Key Managerial Personnel

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**Reasoning:** Section 8(1) of the IBC mandates the delivery of a demand notice, and Rule 5 of the

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**Interpretation:** The court interpreted the service provisions of the IBC and related rules,

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**Application:** Despite the postal refusal on 29.10.2024, the successful email service to M/s

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## Parties

- **Judges:** Brajendra Mani…; Man Mohan…
- **Appellants:** Almin Ext…
- **Respondents:** M/s Medioint…; M/s Medioint…
- **Other parties:** Insolvency and…; Corporate…; +8 more

## Timeline

- **2024-10-15 — Authority Lett…**: Partner's meeting issued an authority letter authorizing Mr. Punit Harivadan Patel to…
- **2024-10-26 — Demand Notice…**: Legal cum Demand notice in Forms 3 and 4 sent to the Corporate Debtor via speed post and…

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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-kolkata/almin-extrusion-vs-ms-medioint-lifescience-pvt-ltd-ywcrc