# In the matter of Maurya Printers Private Limited

> NCLT judgment dated 2025-11-03. Citation: TCN-2025-NCLT-01717. M/s. R.J. Packwells Pvt. Ltd., the Operational Creditor, filed an application under Section 9…

- **Court:** NCLT
- **Order date:** 3 Nov 2025
- **Citation:** TCN-2025-NCLT-01717
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-new-delhi/maurya-printers-private-limited-02275977

## Summary

### Background

M/s. R.J. Packwells Pvt. Ltd., the Operational Creditor, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against M/s. Maurya Printers Pvt. Ltd., the Corporate Debtor, due to a default in payment of an outstanding amount of ₹2,20,241,983/-.

## Facts

M/s. R.J. Packwells Pvt. Ltd. supplied goods to M/s. Maurya Printers Pvt. Ltd.

The outstanding amount claimed by the Applicant is ₹2,20,241,983/-.

The Applicant served a demand notice dated 12.10.2024 to the Respondent.

The Respondent admitted its liability in a reply dated 11.11.2024.

The Respondent claimed the existence of a pre-existing dispute regarding the quality of goods supplied.

The Respondent relied on an arbitration clause contained in the supply agreement.

The last payment from the Respondent was received on 07.10.2023 and the present Application was filed on 29.03.2025.

The reconciled accounts as on 31.03.2023 and 31.03.2024 reflect outstanding amounts of ₹2,31,26,983/- and ₹2,20,41,983/- respectively.

## Issues and analysis

### Issue 1: Whether the application …

**Ratio:** The application is not

…

**Reasoning:** The Respondent, through various communications including confirmation of account dated

…

**Interpretation:** Section 18 of the Limitation Act, 1963 allows for the extension of the

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**Application:** The Respondent's acknowledgment of debt extended the limitation period, making

…

## Parties

- **Judges:** BACHU VENKAT…; Sanjeev R…
- **Appellants:** R.J. PACKWELLS…
- **Respondents:** MAURYA PRINTERS…
- **Other parties:** Surinder…
- **Advocates:** Satish…; Lakshay Ag…; +8 more

## Timeline

- **12.10.2024 — Demand N…**: Applicant issued a demand…
- **21.10.2024 — Demand Notice…**: Respondent received the…

## 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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