# In the matter of MILLENNIUM CITY EXPRESSWAYS PRIVATE LIMITED

> NCLT judgment dated 2025-08-05. Citation: TCN-2025-NCLT-01188. C. P. Arora Engineers Contractors Pvt. Ltd. filed an application under Section 9 of the…

- **Court:** NCLT
- **Order date:** 5 Aug 2025
- **Citation:** TCN-2025-NCLT-01188
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-new-delhi/millennium-city-expressways-private-limited-494a2a7d

## Summary

### Background

C. P. Arora Engineers Contractors Pvt. Ltd. filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking initiation of Corporate Insolvency Resolution Process (CIRP) against Millennium City Expressways Pvt. Ltd. for non-payment of outstanding dues amounting to Rs. 1,47,62,844.20.

## Facts

C. P. Arora Engineers Contractors Pvt. Ltd. is the Applicant/Operational Creditor.

Millennium City Expressways Pvt. Ltd. is the Respondent/Corporate Debtor.

The Operational Creditor claimed an unpaid operational debt of Rs. 1,47,62,844.20 plus interest.

The Corporate Debtor awarded road construction and repair work to the Operational Creditor via a Letter of Intent (LOI).

Reliance General Insurance Co. Ltd. was to make payments on behalf of the Corporate Debtor.

The Operational Creditor raised five invoices totaling Rs. 19,35,50,851.20, out of which Rs. 17,87,88,007 was paid.

The Corporate Debtor claimed the Operational Creditor failed to execute the work according to required standards.

The Operational Creditor issued a statutory notice under Section 8(1) of the IBC.

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## Issues and analysis

### Issue 1: Whether there is a …

**Ratio:** The Adjudicating Authority relied on Mobilox Innovations Pvt. Ltd. v. Kirusa Software

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**Reasoning:** The Corporate Debtor's contentions were vague and unsupported by any contemporary

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**Interpretation:** Mere bald assertions in the reply, without any documentary trail of protest,

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**Application:** The Adjudicating Authority concluded that there was no bona fide dispute prior

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## Parties

- **Judges:** MANNI SANKARIAH…; ATUL CHAT…
- **Appellants:** C. P. Arora…
- **Respondents:** Millennium City…
- **Other parties:** Sudhir…
- **Advocates:** Akshay S…; Rashi…

## Timeline

- **16/12/2020 — Letter of Inte…**: Corporate Debtor issued Letter of Intent to Operational Creditor for road construction…
- **15/12/2020 — Letter from Reliance…**: Reliance General Insurance Co. Ltd. indicated that payment would be made by the said…

## 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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