# In the matter of MAURYA PRINTERS PRIVATE LIMITED

> NCLT judgment dated 2025-11-03. Citation: TCN-2025-NCLT-01576. 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-01576
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-new-delhi/maurya-printers-private-limited-685662e2

## 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 of ₹2,20,241,983/- excluding interest.

## 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.

The Respondent argued that the application was barred by limitation.

The invoices contained an arbitration clause.

## Issues and analysis

### Issue 1: Whether the application …

**Ratio:** The application is not

…

**Reasoning:** The Respondent acknowledged the debt and promised repayment in various communications,

…

**Interpretation:** Acknowledgment of debt

…

**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

- **2024-10-12 — Demand Notice…**: The Applicant issued a demand…
- **2024-10-21 — Demand Notice…**: The Respondent received…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 5(21) — Definitions](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-5)

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