# In the matter of BAGGIT INDIA PRIVATE LIMITED

> NCLT judgment dated 2026-02-27. Citation: TCN-2026-NCLT-00184. Sunrise Global Tradelinks, an operational creditor, filed an application under Section 9 of the…

- **Court:** NCLT
- **Order date:** 27 Feb 2026
- **Citation:** TCN-2026-NCLT-00184
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-mumbai/baggit-india-private-limited-a3d29e08

## Summary

### Background

Sunrise Global Tradelinks, an operational creditor, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate CIRP against Baggit India Private Limited, the corporate debtor, due to unpaid operational debt.

## Facts

Sunrise Global Tradelinks, the Operational Creditor, filed an application under Section 9 of the IBC to initiate CIRP against Baggit India Private Limited.

The Operational Creditor claimed a total amount of Rs. 1,11,84,020/- as of May 2, 2025, based on four purchase orders.

The Corporate Debtor acknowledged receiving the invoices but claimed that goods worth Rs. 11,94,845/- were defective.

The Corporate Debtor issued a letter dated 11th August 2025, after the filing of the application, claiming defective goods and stating intent to issue debit notes.

The Operational Creditor issued a demand notice under Section 8 of the IBC, which was served on the Corporate Debtor.

The date of default is mentioned as 02.05.2025.

The application was filed on 31st July, 2025.

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## Issues and analysis

### Issue 1: Whether a pre-existing dispute exists between the …

**Ratio:** A dispute raised for the first time in reply to a demand notice under Section 8 of the

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**Reasoning:** The Tribunal observed that the Corporate Debtor's letter raising the dispute regarding

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**Interpretation:** The Tribunal interpreted the law to mean that a dispute must exist before the

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**Application:** The Tribunal applied this principle to the facts of the case and concluded that

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## Parties

- **Judges:** SAMEER…; NILESH S…
- **Appellants:** Sunrise Global…
- **Respondents:** Baggit India…
- **Other parties:** Amit Vijay…
- **Advocates:** Amir Ars…; Yash Jar…

## Timeline

- **2025-03-15 — Purchase…**: Purchase Orders were placed…
- **2025-05-01 — Invoices…**: Invoices were raised by…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 8 — Insolvency resolution by operational creditor](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-8)

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