The case involves an application filed by M/s. ACI Wonderwood Products, an Operational Creditor, under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against M/s. Ad Mart Private Limited, the Corporate Debtor. The Operational Creditor claimed a sum of Rs.48,06,837/- as due and payable by the Corporate Debtor for the supply of plywood materials from November 2012 to March 2014. The Corporate Debtor allegedly made only partial payments, and despite repeated reminders, the balance amount remained unpaid. The Operational Creditor submitted documents including purchase orders, invoices, mail correspondences, debit notes, and bank certificates to prove the existence of the operational debt. The Corporate

The case involves an application filed by M/s. ACI Wonderwood Products, an Operational Creditor, under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against M/s. Ad Mart Private Limited, the Corporate Debtor. The Operational Creditor claimed a sum of Rs.48,06,837/- as due and payable by the Corporate Debtor for the supply of plywood materials from November 2012 to March 2014. The Corporate Debtor allegedly made only partial payments, and despite repeated reminders, the balance amount remained unpaid. The Operational Creditor submitted documents including purchase orders, invoices, mail correspondences, debit notes, and bank certificates to prove the existence of the operational debt. The Corporate