Central Bank Files Rs 11.86 Cr Fraud Application Against Repute Foods

NCLT Ahmedabad admits application under Section 66(1) IBC for alleged fraudulent transactions worth Rs 11.86 crore.
Tribunal issues notice to Repute Foods Pvt Ltd, directing them to file reply within two weeks of receipt.
Case involves Central Bank of India as applicant and Repute Foods as respondent in insolvency proceedings.
Matter adjourned to 15 May 2026 for further consideration after service of notice and filing of replies.