# Ingram Micro India Private Limited vs. Planet Infrastructure Management Private Limited

> NCLT judgment dated 2026-08-10. Citation: TCN-2026-NCLT-00823. Ingram Micro India Private Limited (Operational Creditor) filed a Company Petition under…

- **Court:** NCLT
- **Order date:** 10 Aug 2026
- **Citation:** TCN-2026-NCLT-00823
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-kolkata/ingram-micro-india-private-limited-vs-planet-infrastructure-management-private-l-me1vz

## Summary

### Background

Ingram Micro India Private Limited (Operational Creditor) filed a Company Petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) against Planet Infrastructure Management Private Limited (Corporate Debtor) for an alleged default of Rs. 6,74,66,955.99/- arising from the supply of IT hardware and software products. The Corporate Debtor acknowledged the debt multiple times and issued a cheque for Rs. 4,95,82,228/-, which was subsequently dishonoured with the reason 'account closed'. A demand notice under Section 8 of the IBC was issued and served, but no payment or notice of dispute was received within the stipulated time.

## Facts

Ingram Micro India Private Limited (Applicant/Operational Creditor) filed a Company Petition under Section 9 of the IBC, 2016.

The petition seeks initiation of CIRP against Planet Infrastructure Management Private Limited (Respondent/Corporate Debtor).

The alleged default is for an outstanding balance of Rs. 6,74,66,955.99/-.

The debt arose from the supply of IT hardware and software products by the applicant to the corporate debtor.

The applicant raised invoices from time to time, with specific invoice numbers, dates, due dates, and amounts totaling Rs. 49,582,228.99.

The Corporate Debtor assured payment from clients by June 2024, to be disbursed within a week by July 2024.

…

## Issues and analysis

### Issue 1: Whether there is debt and default to invoke …

**Ratio:** Yes, there is an operational debt and default exceeding the statutory threshold, making

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**Reasoning:** The applicant provided invoices for goods supplied, and the Corporate Debtor acknowledged

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**Interpretation:** Section 5(21) defines operational debt, and Section 9 allows for CIRP

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**Application:** The invoices, acknowledgments, and dishonoured cheques demonstrate a clear

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## Parties

- **Judges:** Shri. Labh…; Rekha Kantilal…
- **Appellants:** Ingram Micro…
- **Respondents:** Planet Infrastruct…
- **Other parties:** Committee of…; Balbinder Singh…; +2 more
- **Advocates:** Kedar W…; Sujit Kumar…; +2 more

## Timeline

- **2024-03-04 — Invoice R…**: Invoice No. 10593-09 for Rs. 1,630,949.11…
- **2024-03-26 — Invoice R…**: Invoice No. 10595-69 for Rs. 17,844,133.51…

## 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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