# In the matter of Digizone Technology Private Limited

> NCLT judgment dated 2025-08-26. Citation: TCN-2025-NCLT-01275. Unisafe Fire Protection Specialist India Private Limited filed a Company Petition under Section…

- **Court:** NCLT
- **Order date:** 26 Aug 2025
- **Citation:** TCN-2025-NCLT-01275
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-mumbai/digizone-technology-private-limited-23d696a4

## Summary

### Background

Unisafe Fire Protection Specialist India Private Limited filed a Company Petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Digizone Technology Private Limited, concerning a default in payment of an outstanding debt of Rs. 7,62,18,573.

## Facts

Unisafe Fire Protection Specialist India Private Limited (Operational Creditor) supplied goods to Digizone Technology Private Limited (Corporate Debtor) between 17.02.2017 and 10.03.2017.

The total debt in default is Rs. 7,62,18,573.

The Operational Creditor issued a Demand Notice dated 28.09.2018 to the Corporate Debtor.

The Corporate Debtor admitted its liability in a reply dated 06.10.2018 but did not make the payment.

The Company Petition was initially filed on 19.04.2018, dismissed for non-prosecution on 04.12.2023, and restored on 09.01.2025.

The date of default is 19.03.2017, and the company petition was filed on 19.04.2018.

## Issues and analysis

### Issue 1: Whether the debt and …

**Ratio:** The Corporate Debtor admitted the debt without raising any dispute regarding quality or

…

**Reasoning:** The Corporate Debtor admitted the debt in the reply to the Demand Notice, in the

…

**Interpretation:** The admission of debt by the Corporate

…

**Application:** The Tribunal found no ground to reject the application as the debt and default

…

## Parties

- **Judges:** Smt Lakshmi…; Hariharan…
- **Appellants:** Unisafe Fire…
- **Respondents:** Digizone Technolog…
- **Other parties:** Kailash T…
- **Advocates:** Aniruth Purusotham…

## Timeline

- **2018-04-19 — Application…**: Application under section…
- **2023-12-04 — Application D…**: Application was…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 14 — Moratorium](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-14)

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