# Mr. Sachin Mahadeo Bhintade vs. ISG Hospitality Services Private Limited

> NCLT judgment dated 2026-07-10. Citation: TCN-2026-NCLT-00682. Mr. Sachin Mahadeo Bhintade, an operational creditor (sole proprietor of Gurudatta…

- **Court:** NCLT
- **Order date:** 10 Jul 2026
- **Citation:** TCN-2026-NCLT-00682
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-mumbai/mr-sachin-mahadeo-bhintade-vs-isg-hospitality-services-private-limited-4q5aa

## Summary

### Background

Mr. Sachin Mahadeo Bhintade, an operational creditor (sole proprietor of Gurudatta Enterprises), filed an application under Section 9 of the IBC, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against ISG Hospitality Services Private Limited (Corporate Debtor) for an unpaid operational debt of Rs. 1,34,30,243/- for supplying fruits and vegetables. The application was filed on 16.10.2025, with the date of default identified as 28.08.2024.

## Facts

Mr. Sachin Mahadeo Bhintade (Sole Proprietor of Gurudatta Enterprises), the Applicant, filed an application under Section 9 of the IBC, 2016, to initiate CIRP against ISG Hospitality Services Private Limited, the Corporate Debtor.

The application, C.P.(IB) No.1188/MB/2025, was filed on 16.10.2025.

The Applicant is engaged in the business of trading fruits and vegetables, and the Corporate Debtor is engaged in providing industrial catering services.

The total amount claimed to be in default by the Applicant is Rs. 1,34,30,243/-.

The date of default is mentioned as 28.08.2024.

The Applicant supplied goods (fruits and vegetables) to the Corporate Debtor and raised invoices from 10.04.2023 to 12.08.2024.

The Corporate Debtor failed to make payments against these invoices.

…

## Issues and analysis

### Issue 1: Whether the application filed by the Operational Creditor under Section 9 of the Insolvency and …

**Ratio:** An application under Section 9 of the IBC must be admitted if there is an established

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**Reasoning:** The Tribunal found that the Corporate Debtor admitted the business transactions and the

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**Interpretation:** The Tribunal interpreted Section 9 of the IBC, along with judicial precedents

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**Application:** In this case, the Applicant (Operational Creditor) successfully demonstrated

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## Parties

- **Judges:** NILESH S…; SAMEER…
- **Appellants:** Sachin Mahadeo…
- **Respondents:** ISG Hospitality…
- **Other parties:** Dattatraya Anand…; KDRA Insolvency…
- **Advocates:** Gaurav Sh…

## Timeline

- **2023-04-10 — Start of Invoi…**: Applicant started raising invoices for…
- **2023-04-25 — First Invoi…**: The first invoice dated 10.04.2023…

## 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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