# In the matter of NARAYANI PACKAGING PRIVATE LIMITED

> NCLT judgment dated 2025-11-17. Citation: TCN-2025-NCLT-01667. Burdwan Kraft Board LLP, the Operational Creditor, filed an application under Section 9 of the…

- **Court:** NCLT
- **Order date:** 17 Nov 2025
- **Citation:** TCN-2025-NCLT-01667
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-kolkata/narayani-packaging-private-limited-8012ca92

## Summary

### Background

Burdwan Kraft Board LLP, the Operational Creditor, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Narayani Packaging Private Limited, the Corporate Debtor, for non-payment of an operational debt amounting to Rs. 1,61,71,301/-.

## Facts

The Operational Creditor, Burdwan Kraft Board LLP, supplied kraft papers to the Corporate Debtor, Narayani Packaging Private Limited, from July 22, 2023, to November 3, 2023.

The total value of goods supplied was Rs. 3,09,45,989/-.

The Corporate Debtor made payments amounting to Rs. 1,62,37,638/- between September 1, 2023, and March 30, 2024.

An amount of Rs. 1,47,08,351/- remained due and payable by the Corporate Debtor.

The Operational Creditor sent a demand notice under the IBC, 2016, dated June 24, 2024, which was duly received by the Corporate Debtor.

The Corporate Debtor alleged supply of inferior quality products in its reply dated July 8, 2024, but failed to provide any particulars or elaboration.

…

## Issues and analysis

### Issue 1: Whether the Operational Creditor successfully …

**Ratio:** Yes, the Operational Creditor successfully established the existence of a debt and

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**Reasoning:** The court noted the absence of any denial of supply of materials by the Corporate Debtor

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**Interpretation:** The court interpreted the Corporate Debtor's silence and failure to provide

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**Application:** The court applied Sections 3(11) and 3(12) of the IBC, 2016, to determine that

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## Parties

- **Judges:** BIDISHA BA…; Siddharth…
- **Appellants:** Burdwan Kraft…
- **Respondents:** Narayani Packaging…
- **Other parties:** Rajnandan…
- **Advocates:** Shreya Cho…; Ankit Ag…

## Timeline

- **2023-07-22 — Supply of Kraf…**: Operational Creditor started supplying…
- **2023-09-01 — Payments by Corporate…**: Corporate Debtor made payments to the Operational Creditor between September 1, 2023, and…

## 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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