# In the matter of NARAYANI PACKAGING PRIVATE LIMITED

> NCLT judgment dated 2025-11-17. Citation: TCN-2025-NCLT-01854. 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-01854
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-kolkata/narayani-packaging-private-limited-aa1883ce

## 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 supplied kraft papers to the Corporate Debtor 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 dated June 24, 2024, which was 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 specifics.

The Corporate Debtor was set ex-parte on February 11, 2025, for failing to appear or file a reply.

…

## Issues and analysis

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

**Ratio:** Yes, the Adjudicating Authority was satisfied that the Operational Creditor had

…

**Reasoning:** The Operational Creditor provided sufficient evidence, including invoices, balance

…

**Interpretation:** The Adjudicating Authority interpreted the evidence presented by the

…

**Application:** The Adjudicating Authority applied Sections 3(11) and 3(12) of the IBC to the

…

## 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…
- **2023-09-01 — Payments…**: Corporate Debtor made payments between 1st…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 3(11) — Definitions](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-3)

---

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/narayani-packaging-private-limited-aa1883ce